AMD Follows Intel Down the Tubes


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Like rival processor maker Intel, AMD has announced a large loss this quarter, citing the ongoing processor wars and the poor economy as the reason they lost nearly $200 million.

AMD doesn't expect their revenues to turn around any time soon, and it looks like they might end up with a loss for the year. This is a blow to them, as last year they finally reached profitability for the first time.

"Operationally, we are doing great," said the company's CEO. "Yields are great. Costs are under control. ASPs (average selling prices) are ugly."

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To get this article and any others you post in the future onto the main page, pls include the source. This has quality and would be on the main page if I had a source link ;)

Keep up the good work mate!

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