AMD hit by weak demand
629370
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.
545118
Considering the devastating two years Advanced Micro Devices Inc. has endured, investors braced themselves for more bad news in the fourth quarter after rival Intel Corp. disappointed Wall Street with lackluster results.
350528
AMD winning on strained silicon? Maybe not, but either way, money can't buy Intel any love.
279706
Concerns over AMD's succession planning come at a difficult time for the company, and revive that old tug-of-war between marketing and engineering.
68292
Chip stocks fell across the globe on Friday after Intel, the market leader, slashed its forecasts for revenue and profit margin for the third quarter, citing unexpectedly weak demand.
376298
Though there may be fewer consumer notebook and desktop computers with AMD processor options available online through Dell Direct today than there were last week, an AMD spokesperson told BetaNews that Dell is not backing away.
730504
The chip maker now expects revenue of between $8.3 billion and $8.6 billion due to lower-than-expected worldwide demand for its processors as well as "customer reductions in component inventory levels."
671753
SAN FRANCISCO (CBS.MW) -- Advanced Micro Devices Inc. shares fell Tuesday after it said third-quarter sales will come in below those reported in the second quarter, citing softness in its flash memory business.
449120
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."
400699
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.
288101
With a few strong years of market gains and product reviews, AMD isn't about to rest on its laurels.
22615
Blog: Bad: AMD lost $600 million in the second quarter. Good: Chip shipments surged.
548789
(InfoWorld) - The leading quote from this weekâs news comes from Intel CEO Paul Otellini: "We're doing product refreshes every two years, which is the model we invented and then stopped doing after Pentium 4, shame on us," Otellini said. "We fell off it -- mea culpa, we screwed up -- and now we're back on that pace." Otellini was speaking at a Morgan Stanley Technology Conference, but regardless of the venue, every time a CEO speaks, he or she is using analysts and journalists as a conduit to shareholders. When a CEO takes a podium to apologize to shareholders, it tends to be the board of directorsâ idea. This is an obtuse, though profuse apology. The screwup to which Otellini refers is his decision to clear Intelâs shelves of x86 property and dump it on AMD in one drop so that Intel could end the year with a bang, having had the last volley in the CPU wars. It did that. But one could liken Intelâs strategy in latter 2006 to a massive spread of fireworks thatâs sent up simultaneously. Everybody goes nuts at the spectacle of it, but after that brief rush, all thatâs left is silence and smoke, soon followed by the glow of taillights. As tacky as it is to quote oneself, I put Otelliniâs present bind succinctly in a column I wrote last August: âIntel shot its entire wad on Core microarchitecture. From here, the only place Intel can go is bigger cache, more cores, and faster clocks.â Indeed, that sums up Intelâs plans for 2007, and thereâs no swaggering spin, distraction, or buzzword bending that can make up for the enormous technology gap between Core 2 and AMDâs reengineered Barcelona quad-core Opteron. It isnât likely that Intel can play engineering catch-up, given that Otellini has pink-slipped 10,500 workers. Otellini will have more than empty cupboards and empty desks to apologize for. He set a strategy to bulk up Intelâs manufacturing capacity and to jam up AMD by forcing prices down and leaving AMD unable to meet spiked market demand. Market demand is sagging, and if it returns, AMD has the capacity advantage: It has third-party foundries standing ready to stamp out AMD CPUs if need be. Another example of poor judgment is Otelliniâs fixation on CPUs and chip sets. AMDâs acquisition of ATI put Intelâs rival in the high-margin peripherals business as well as a growing role in high-performance chip sets for Intel desktop and notebook PCs. Intelâs hostile attitude toward chip-set makers drove graphics and chip-set giant Nvidia to make surprisingly close ties with AMD despite its purchase of Nvidiaâs sole competitor. If only it ended there. Recently, Intel informed the Delaware Federal District Court that it cannot produce relevant e-mail messages that were exchanged after the filing date of AMDâs antitrust suit. Intelâs letter to the court blames individual human error while heaping detailed praise on executivesâ document retention plan. Buried in the text is the Nixonian counterpoint, âSome of the tapes appear to have been recycled.â Itâs not that Otellini hasnât done anything right. He did put the brakes on NetBurst. He won an exclusive with Apple and got Sun Microsystems to add Intel to its product line. But in the minus column, Otellini lost the companyâs gold medal exclusive PC maker, Dell, and people will wonder whose inboxes those recycled tapes might have contained. Intelâs CEO should be gilding his parachute. If he lasts out the year, it will be because Intelâs board wisely takes its time to choose a replacement. My litmus test? Find someone who believes that Intelâs yearly sponsorship of the A. M. Turing Award matters more than convincing a judge in Delaware that evidence really, truly got lost. And find a CEO who, when he or she apologizes for lousy decisions, uses the pronouns âIâ and âme.â
754804
The maker of analog microchips said Tuesday its  fourth-quarter revenue would miss earlier targets because of  weak demand from computing and communications equipment makers.
107854
The chip maker lowers estimates again on weak demand from consumers. Is this strike three?
390968
It was a quarter where AMD shipped more product than ever in its history, with 68% more mobile processors headed for trucking than at this time last year, and graphics processors adding substantially to that mix. It regained a full eight points of gross margin over the prior quarter, and reaped 22.9% greater revenue over the third quarter of 2006. And yet it still posted a loss. What's going on?
638568
Advanced Micro Devices Inc. warned Monday that it was unlikely to meet its first-quarter revenue guidance of $1.6 billion to $1.7 billion, the latest in a series of disappointments for investors in the struggling chip-maker. The company's stock fell to a new 52-week low on the news.