Chip Maker Is Nearing Profitability Despite Loss
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Advanced Micro Devices inched closer to profitability despite posting a huge loss as it struggled to absorb the huge cost of its acquisition of ATI Technologies.
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The chip maker reported a larger-than-expected loss but showed progress in curbing its expenses and capturing a share of strong demand for personal computers.
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AMD appears to be headed in the right direction with improvements in both revenue and gross margin during the fourth quarter, but that still wasn't enough to generate a profit, even excluding the effects of a hefty one-time charge.
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It wasn&#39;t the first to go small, and it won&#39;t be the biggest producer, but AMD&#39;s (Quote, Chart) 64-bit 90-nanometer (nm) chips are expected to make waves in the semiconductor pool.
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Semiconductor Manufacturing International Corp. (SMIC) reported its profits to be promising for the rest of the year. The company said it noticed a $42.
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SAN FRANCISCO - Advanced Micro Devices Inc. reported a third-quarter profit from a loss a year-earlier on today, but sales fell from the second quarter in line with the chip maker&#39;s recently reduced outlook.
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The consumer electronics giant is doing just fine now, but tomorrow may pose some challenges.
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Siebel's preliminary earnings forecast is encouraging, but the stock is not cheap.
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Chip maker likely is making way for new products.
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The consumer electronics retailer continues to produce strong results.
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The deep discounter still sports a high valuation despite reporting profit in line with expectations.
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The chip maker reported a net loss of $396 million, larger than Wall Street expected, but sales were up 23 percent on strong personal-computer demand.
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Earnings meet analyst expectations, and company continues to gain momentum through wireless and fiber-to-the-home business.
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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.  on Tuesday reported a quarterly loss from a year-earlier profit following a reduced forecast it gave last week.
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The companyâs strong quarterly results and optimistic outlook suggests that a weakening economy will not slow it down.
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The leading electronics and entertainment retailer continues to produce strong results.