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Advanced Micro Devices Inc

BUSINESS
June 28, 2005 | From Reuters
Advanced Micro Devices Inc. on Monday unveiled its most expensive consumer processor, a $1,031 chip for video game enthusiasts that highlights AMD's new plan to market itself as a technology leader, not a cheap alternative to rival Intel Corp. The chip, called the Athlon 64 FX-57, costs more than what many people pay for an entire personal computer. Gamers, looking for ever more detailed graphics and speed, tend to spend freely on the cutting-edge technology.
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BUSINESS
May 31, 2005 | From Associated Press
Advanced Micro Devices Inc. is set to launch its first PC microprocessors with two computing engines on a single chip today, expanding its product line with a technology that is expected to be a major driver of personal computer performance for years to come. The four dual-core chips to be unveiled at the Computex trade show in Taiwan are targeted at high-end personal computers used for advanced tasks such as creating or editing digital media. In April, Sunnyvale, Calif.
BUSINESS
April 21, 2005 | Terril Yue Jones, Times Staff Writer
Intel Corp. and Advanced Micro Devices Inc. this week begin a new round in their fight to be first with cutting-edge technology: Both companies are introducing dual-core microprocessors that can crunch data faster than traditional chips. AMD is expected today to announce its dual-core chips for server computers, which run large corporate computer systems. Intel on Monday introduced dual-core Pentium desktop chips.
BUSINESS
April 14, 2005 | Terril Yue Jones, Times Staff Writer
Advanced Micro Devices Inc., the world's No. 2 computer chip maker, said Wednesday that it swung to a loss in the first quarter and would spin off its memory chip business to focus on higher-profit processors. Weak pricing for memory chips led Sunnyvale, Calif.-based AMD to record a loss of $17.4 million, or 4 cents a share, in the quarter, contrasted with a profit of $45.1 million, or 12 cents, a year earlier. Revenue was $1.23 billion, virtually flat compared with $1.24 billion last year.
BUSINESS
January 8, 2005 | From Reuters
Advanced Micro Devices Inc. introduced its Turion brand of notebook computer chips, a name it hopes will evoke the open road as the company aims to make headway in a market in which it lags. AMD has about 9% of the market for notebook microprocessors, a business increasingly dominated by rival Intel Corp. The AMD Turion 64 Mobile Technology is aimed at "thin and light" notebooks, and Sunnyvale, Calif.-based AMD will continue to sell Mobile AMD Athlon 64 for full-sized notebooks.
BUSINESS
January 4, 2005 | From Bloomberg News
Advanced Micro Devices Inc. this week will unveil a chip to let people download digital television programs from a set-top box to a portable media player, without a personal computer. The strategy opposes Intel Corp.'s plan to pack the features into PCs that consumers would put in living rooms to replace digital video recorders, cable and satellite set-top TV boxes and other electronics. AMD, which also sells chips for media PCs, says consumers want the choice.
BUSINESS
October 5, 2004 | From Reuters
Semiconductor maker Advanced Micro Devices Inc. warned Monday that its quarterly revenue would be lower than forecast, citing softness in sales of its memory chips used in cellphones and other devices. Its shares fell after the warning. Sunnyvale, Calif.-based AMD did not provide a specific revenue or per-share profit forecast for the third quarter. AMD follows its larger rival Intel Corp. in saying that sales of flash memory chips were less than forecast in the quarter.
BUSINESS
September 2, 2004 | From Reuters
Advanced Micro Devices Inc. Chief Executive Hector Ruiz laid out a plan to break what he called the monopolistic grip on the microprocessor industry by Intel Corp., saying he wanted a "true duopoly" with its archrival within five years. He said AMD, based in Sunnyvale, Calif., accounted for less than 10% of the dollars spent on microprocessors but would ratchet that share up to 25% or more through both differentiated product development and a more cost-efficient internal organization.
BUSINESS
July 28, 2004 | Terril Yue Jones, Times Staff Writer
Computer chip maker Advanced Micro Devices Inc. plans to launch today an entry-level microprocessor for personal computers to compete with the Celeron chip from industry giant Intel Corp., which dominates the PC chip market. The Sempron processor sets in motion AMD's strategy to move to a two-product lineup for PC chips. Sempron will cover the "value" end of the business, and the 10-month-old Athlon 64 chip will target the high end.
BUSINESS
July 15, 2004 | From Associated Press
Chip maker Advanced Micro Devices Inc. posted its third consecutive quarterly profit Wednesday, driven by strong sales of computer microprocessors and flash memory chips used mainly in cellular phones. For the three months ended June 27, AMD earned $32.2 million, or 9 cents a share, contrasted with a loss of $140 million, or 40 cents, a year earlier. Sales nearly doubled to $1.26 billion from $645 million. Analysts were expecting the company to earn 9 cents a share on sales of $1.
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