AMD in the red

Apr 20, 2007
0

I really feel bad for AMD, I was always a big fan of their processors, all but one of my machines is powered by their processors. Unfortunately, when Intel released the Core 2 Duo, I couldn't help but make the switch. Apparently I wasn't the only one.

Yesterday AMD reported a loss of $611 million. Granted, a portion of that can be attributed to their acquisition of ATI, but slow processor sales and stiff price competition from Intel had a lot to do with it.

I really hope that AMD pulls out of this slump that they're in. I still only buy ATI cards, and I would hate to see the whole acquisition come back to haunt AMD and leave ATI fans out in the cold.

AMD reports $611 million loss [via tgdaily]


Must Read Bits & Bytes