19-04-2013, 09:30 AM
AMD first-quarter results beat expectations
SAN FRANCISCO — Advanced Micro Devices (AMD) yesterday forecast current-quarter revenue above Wall Street’s expectations as it rushes to find new markets to offset its declining core business of PC chips.
The US chipmaker reported revenue of US$1.09 billion, down from US$1.59 billion in the year-ago quarter. It said June-quarter revenue would rise 2 per cent, plus or minus 3 per cent, compared with the March quarter.
http://www.todayonline.com/business/amd-...pectations
SAN FRANCISCO — Advanced Micro Devices (AMD) yesterday forecast current-quarter revenue above Wall Street’s expectations as it rushes to find new markets to offset its declining core business of PC chips.
The US chipmaker reported revenue of US$1.09 billion, down from US$1.59 billion in the year-ago quarter. It said June-quarter revenue would rise 2 per cent, plus or minus 3 per cent, compared with the March quarter.
http://www.todayonline.com/business/amd-...pectations