Update: AMD reports fourth straight quarter net loss
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Still carrying the weight of costs related to last year&#39;s&#160;acquisition of graphics vendor ATI, AMD recorded its fourth straight quarter of net losses Thursday.
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Advanced Micro Devices said that it lost $600 million or $1.09 per share, for the three months ended June 30.
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Agere Systems Inc. (AGRa.N: Quote, Profile, Research) on Tuesday posted a fiscal fourth-quarter loss as the communications chip maker&#39;s revenue declined and it took hefty charges for restructuring.
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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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In the fourth calendar quarter of last year, Intel made the most headway against arch-rival AMD in the server CPU market in several years, surging ahead in shipments and reportedly taking back a few points of market share. Now, AMD is working to take those points back and then some.
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Computer Associates International Ltd.  CA.N, a business software maker, on Wednesday posted a wider  quarterly net loss, including charges for job cuts and a $225  million payment to settle a long-running accounting probe.
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Advanced Micro Devices , the world's second-largest maker of computer microprocessors, on Thursday posted a narrower-than-expected quarterly loss thanks to strong chip prices and shipments, sending shares up 3.5 percent.
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Shares of chip maker Advanced Micro Devices Inc. plummeted more than 20 percent in Tuesday trading after the company warned that its fourth-quarter operating income will be "down significantly" from the third quarter.
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Infineon&#39;s net profit fell to $54.6 million in the fourth quarter from $63 million in the third quarter of last year. The net result came up short of analyst forecasts of $169 million.
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Still carrying the weight of costs related to last year&#39;s&#160;acquisition of graphics vendor ATI, AMD recorded its fourth straight quarter of net losses Thursday.The company reported a net loss of $396 million, or $0.71 per share, for the third quarter, compared to net income of $136 million for the year-earlier quarter. Analysts polled by Thomson Financial had estimated a loss of $0.62 per share. The loss included a $120 million charge related to its acquisition of ATI last year.AMD recorded third-quarter revenue of $1.632 billion for the quarter ending Sept. 29, an 18 percent year-over-year increase.The company sold a record number of microprocessors during the quarter, AMD said in a news release. Microprocessor unit shipments increased 19 percent year-over-year and mobile processor shipments increased 68 percent, AMD said.After months of delays,&#160;AMD finally released its latest quad-core Barcelona processor in September.&#160;AMD is locked in a quad-core chip battle with Intel, which shipped more than 2 million quad-core processors during the quarter, Intel said in its earnings call on Tuesday.AMD has already lost ground in the market for server chips to Intel in recent quarters. AMD&#39;s quad-core Opteron processor, also called Barcelona, opened up a revenue stream for company during the quarter, the company said.
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Advanced Micro Devices , the world's second-largest maker of computer microprocessors, posted a wider quarterly net loss on Thursday due to a $1.68 billion charge related to its purchase of graphics chipmaker ATI.
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Advanced Micro Devices (AMD) expects to report slightly lower-than-expected sales for its third quarter when it announces earnings results on Thursday, the company said in a release Monday.
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The auto parts supplier reported a fourth-quarter loss of $43 million due to restructuring charges and write-downs.
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Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) on Thursday reported a $44 million third-quarter profit from a loss a year earlier, and predicted
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The company reported a fourth-quarter net loss of $2.58 billion,  citing a $6.1 billion charge related to transferring employees from a multi-employer pension fund.
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AFTER THE FEVERED speculation earlier this week about Dell using AMD microprocessors, the unthinkable nearly happened yesterday. The price of a share in AMD finished on the NYSE exchange yesterday at $21.
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InfoWorld - Amid further delays of AMD's quad-core server chip and plans to write off goodwill from the acquisition of ATI, AMD executives are going to face tough questions when they meet financial analysts in New York Thursday.