Advanced Micro Devices Inc. shrank its second-quarter loss on reviving sales of computers that use its chips and a wrenching effort to shed costs that's lasted years.
Shares of chip makers rose Wednesday including three of the biggest — Intel Corp., Texas Instruments Inc. and Advanced Micro Devices Inc. — after a Stifel Nicolaus analyst resumed coverage of the companies.
Standard & Poor's may upgrade its credit rating on Advanced Micro Devices Inc., the world's No. 2 provider of microprocessors.
Advanced Micro Devices Inc. returned to profitability in the first quarter as the world's No. 2 microprocessor maker benefited from a strengthening computer market.
Advanced Micro Devices Inc., the world's No. 2 maker of computer microprocessors, reduced its CEO's pay package 14 percent last year. The company cut executives' pay in response to falling sales.
Goldman Sachs added Advanced Micro Devices to its "Conviction Sell List" on Tuesday, predicting more sizable losses for the chip maker this year.
Chip maker Advanced Micro Devices Inc. said Friday that one of its board members will not stand for re-election at its next shareholders meeting.
A question hanging over Advanced Micro Devices Inc. has been how much the company is benefiting from an overall strengthening in the computer market.
Advanced Micro Devices Inc. posted its first quarterly profit in three years because it got $1.25 billion in a legal settlement with its archrival.
Shares of Advanced Micro Devices Inc. got a boost in premarket trading Friday following stronger-than-expected results Thursday from its larger rival, Intel Corp. that gave further proof of a recovering PC market.
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry inside its processors.
Advanced Micro Devices Inc. on Thursday said its offer to buy back certain senior debt due 2012 has closed.
Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped Monday after rival Intel Corp. scrapped plans to make a new graphics chip that would have challenged both companies.
Chip maker Advanced Micro Devices Inc. said Monday it will sell $500 million in senior notes in a private offering.
Chip maker Advanced Micro Devices Inc. said Tuesday it has named Nicholas M. Donofrio, 64, to the its board of directors.
Moody's Investors Service said Monday it is hiking its credit ratings for Advanced Micro Devices Inc. after the chip maker won a $1.25 billion settlement in its antitrust dispute with rival Intel Corp.
Intel Corp. says it will pay $1.25 billion to Advanced Micro Devices Inc. in a settlement announced Thursday. The following is a look at the legal battles between Intel and AMD, which supply essentially all of the microprocessors for today's personal computers:
Intel Corp. will pay $1.25 billion to make peace with Advanced Micro Devices Inc., as the companies whose microprocessors run nearly all personal computers finally found common ground in a bitter and colorful dispute that caused international antitrust trouble for Intel.
Among the earnings projection stories for Wednesday, Nov. 11, from AP Financial News:
Advanced Micro Devices Inc. said Wednesday its gross profit margin should improve next year as chip sales pick up.
Hector Ruiz, former CEO of chip designer Advanced Micro Devices Inc., is leaving his job with a spinoff company after a published report linking him to the Galleon Group insider trading case.
Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential company information to a defendant in the Galleon Group insider trading case.
Advanced Micro Devices Inc. lost money in the third quarter but said Thursday that sales were stronger than expected, adding to mounting evidence that consumer spending is fueling a turnaround in the personal computer market.
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over rival Advanced Micro Devices Inc.
Shares of chip maker Advanced Micro Devices Inc. rose 6 percent in premarket trading on Monday after a Citigroup analyst upgraded it to "Buy" from "Hold," saying he sees a chance for increased market share with AMD's main customer, PC maker Hewlett-Packard Co.