Slashdot Mirror

← Back to Stories (view on slashdot.org)

AMD Reports $611 Million Loss

Posted by Zonk on from the just-a-little-bit-of-money dept.

mpfife writes "Toms Hardware reports that declining microprocessor sales have pushed AMD deeply 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.'"

1 of 230 comments (clear)

  1. Re:Will this lead to Inte monopoly again? by Anonymous Coward · · Score: 5, Funny

    >I wonder if AMD will loose the competition to Intel all together.
    They already have: They talked to the competition and said "Fly, be free!"