AMD has reported shrinking earnings for the last quarter and projects no growth for the current one.This is the eighth consecutive quarter that the company has been forced to report a loss in revenues, CEO Dirk Meyer has predicted that the next quarter will see flat growth.
After a significant restructuring in recent weeks, the firm says that it is on par to return to the black in the first quarter of 2009.
Source: FT
Advertisement
Related Stories
- AMD launches 2nd-gen A-Series APU May 15th 2012 at 11:27AM
- AMD Catalyst 12.4 drivers released Apr 26th 2012 at 12:25AM
- AMD Catalyst 12.3 drivers released Mar 28th 2012 at 8:41PM
- Has Sony chosen AMD for the PlayStation 4? Mar 1st 2012 at 1:15AM
- AMD adds two new FX-series CPUs Feb 28th 2012 at 6:54AM
- AMD sets out future strategy - it's all about the mainstream Feb 3rd 2012 at 7:32AM
- AMD's Trinity to compete with Intel's ultrabooks Jan 17th 2012 at 6:27AM
- AMD Radeon 7970 goes on sale Jan 10th 2012 at 5:38AM
- World's largest OEM notebook maker sues AMD over hot chips Jan 6th 2012 at 6:07AM
- AMD introduces 'world's fastest' Radeon HD 7970 Dec 22nd 2011 at 6:26AM























