AMD Warns of Lower Sales
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Semiconductor maker Advanced  Micro Devices Inc. AMD.N warned on Monday that its quarterly  revenue will be lower than forecast, citing softness in sales  of its memory chips used in cell phones and other devices. The  company's shares fell after the warning.
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Dell Inc.  on Friday warned  that second-quarter earnings and revenue would fall short of  forecasts, blaming what it called "aggressive pricing" in a  slowing market.
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Advanced Micro Devices has been facing profit pressure--but new chipmaking techniques are giving it more room to lower prices.
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The chip maker lowers estimates again on weak demand from consumers. Is this strike three?
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Texas Instruments Inc., the leading maker of chips for cell phones, cut its profit and revenue forecast for the fourth quarter on Monday due to slower sales of semiconductors, and it warned that sales could weaken further early next year.
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CAMP HILL, Pa. -- Rite Aid Corp. is warning that its earnings and revenues for the year will fall below the low end of the company&#39;s projected ranges if lagging sales trends continue.
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AMD delayed the launch of some key chips in 2007, but said it will return to profitability next year.
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The old saying, essentially, is, "From here, things can only get better." From where AMD was last April, that's indeed what happened - and perhaps that's no surprise. Yesterday, the company reported rising chip shipments that led to increased revenues and recovering profit margins, though still not yet near the point of being considered "healthy."
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Chip maker Advanced Micro Devices  Inc. AMD.N on Tuesday reported a quarterly loss from a  year-earlier profit following a reduced forecast it gave last  week.
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At the opening of an analyst meeting this morning, the president of AMD lowered expectations for his company, saying it no longer needs to produce the best performing CPUs, and hinted at scaling back its R&D.
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Micron Technology Inc.  on Friday forecast that prices for memory chips used in consumer electronics would be down 30 percent to 40 percent this quarter from the previous one.
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U.S. stock futures pointed to a lower  market open on Tuesday, after a batch of downbeat earnings  news, including a sales warning from chipmaker Advanced Micro  Devices Inc. AMD.N ahead of an update from sector bellwether  Intel Corp. INTC.O.
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U.S. stocks fell on Tuesday as  earnings season began on a weak note with a sales warning from  chip maker Advanced Micro Devices Inc. AMD.N hurting the chip  sector and lower-than-expected earnings from aluminum producer  Alcoa Inc. AA.N.
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Advanced Micro Devices yesterday warned that revenues in the third quarter would be lower than earlier forecasts, echoing a similar statement from Intel last month - its biggest rival in the chip sector.
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Semiconductor stocks were mixed Tuesday after Advanced Micro Devices Inc. warned quarterly revenue would be lower than expected due to sluggish sales of flash memory chips used in mobile phones and other devices.
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Alcatel-Lucent warned Thursday that after talks with North American mobile operator clients about their spending plans, third quarter sales growth was expected to be weak and would &quot;negatively impact&quot; profitability.
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CEO faces Wall Street AMD today smacked investors with a sales warning.â¦