AMD Won't Return To Profitability Until Late '08

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First Posted: 12-14-07 08:38 AM   |   Updated: 03-28-08 02:45 AM

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AP:

The world's No. 2 microprocessor maker, Advanced Micro Devices Inc. said it won't return to profitability until the second half of next year and delayed the full release of the product it says will enable its recovery.

"We have gone through a very difficult time, reacted quickly and decisively, and we are on our way to really have, I believe, a phenomenal transition year in 2008," CEO Hector Ruiz said at an analyst conference Thursday in New York.

Read the whole story: AP

The world's No. 2 microprocessor maker, Advanced Micro Devices Inc. said it won't return to profitability until the second half of next year and delayed the full release of the product it says will en...
The world's No. 2 microprocessor maker, Advanced Micro Devices Inc. said it won't return to profitability until the second half of next year and delayed the full release of the product it says will en...
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