AMD misses earnings targets and writes down $65M in inventory

23:30 15.10.2015
Advanced Micro Devices continues to struggle amid declining PC sales and tough competition with rival Intel. AMD reported revenue of $1.06 billion (on a non-GAAP basis) in the third quarter ended Sept. 30, compared with $1.43 billion a year earlier. Net loss was $136 million, or 17 cents a share, compared with a profit of […]...
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