The chipmaker AMD is absolutely not doing well. The company has announced that its revenue in the fourth quarter, ending December 27, will be 25% lower than the third quarter revenues. AMD earned $1.585 billion in the Q3. According to the company poor demand of products through out the market was the reason behind this fall.
1 Trackback or Pingback for this entry:
[...] of its workforce. It also took this as an opportunity to temporarily cut the pays of each employee. The axe fell not just on workers but both CEO, Dirk Meyer and chairman Hector Ruiz saw their pays reduced by [...]