Early AMD Revenue Warning Scares Investors
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With only about 50% of the revenue data for the fiscal first quarter of 2007 in hand, AMD had enough information ahead of a critical analysts' meaning this afternoon to warn that it won't be meeting its revenue targets this quarter.
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AMD has delayed general availability of some key products until early next year, when it projects the chips, along with other new processors, will return it to profitability.
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Wall Street was set for a soft start on Tuesday after a batch of downbeat earnings, including a sales warning from chipmaker Advanced Micro Devices  ahead of an update from sector bellwether Intel .
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Google's spooky valuation could drive investors batty.
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The "tentative" status may be making investors jittery.
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Execs tell analysts that though AMD has some interesting products in the pipeline, the Barcelona fiasco will ensure the company loses money during the first part of 2008.
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In 2007, AMD was plagued by rising debt, shrinking market share and mounting financial losses. What's in store for 2008?
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Blog: Bad: AMD lost $600 million in the second quarter. Good: Chip shipments surged.
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With the economy on shaky ground right now, some investors are predicting that private funding for high-tech companies could soon tank. But others disagree vehemently, arguing that investors should not be so quickly scared off.
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As if Intel's profit bomb didn't put enough of a damper on the summer-ending long weekend, investors returning this week after Labor Day will be wary of a market offering as much pitfall as promise.
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The electronics company warns on third-quarter earnings.
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The chipmaker posts record revenue, but profits go lower. You're not really surprised, are you?
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Investor's Business Daily - Though new rumors have surfaced that IBM might buy chipmaker Advanced Micro Devices, many analysts doubt it will happen.
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As if Intel's profit bomb didn't put enough of a damper on the summer-ending long weekend, investors returning next week after Labor Day will be wary of a market offering as much pitfall as promise.
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Make sure your investment's revenue stream is diversified -- or you could get hurt.
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Analysts are suggesting that AMD may be forced to delay its Barcelona multi-core chip, a move that could set the company back both financially and strategically.
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What will the future hold for AMD?