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Submission Summary: 0 pending, 1 declined, 1 accepted (2 total, 50.00% accepted)

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AMD

Submission + - AMD reports $611 million loss

mpfife writes: Toms hardware reports that "Declining microprocessor sales as well as dropping average selling prices for its microprocessors have pushed AMD deeper into the red. The company reported a net loss of $611 million on revenues of $1.233 billion, which is more than 20% below the guidance the company expected at the end of Q4 2006. The loss includes charges related to the ATI acquisition in the amount of $113 million, but is mainly a result of the increasing competition with Intel in the microprocessor market."

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