An Update on AMD, which Still Loses Money

choi

Don Clark, AMD Resets Chip Focus. Wall Street Journal, May 7, 2015.
www.wsj.com/articles/advanced-mi ... et-share-1430942408

Quote:

(a) AMD’s CEO Lisa Su ”kicked off a meeting for Wall Street analysts on Wednesday [May 6] in New York—AMD’s first since 2012.

(b) “The company has tried to diversify its business, developing custom chips for buyers such as Microsoft Corp. and Sony Corp. for their latest gaming systems. But PC chips remain AMD’s largest business, and its revenue there has suffered as PC growth has ebbed and Intel has expanded its market share.

“For the more expensive, and more profitable chips that power computer servers, AMD’s market share has fallen below 3%, down from one-third of the market over the past decade.

My comment: There is no need to read the rest.