Despite of tough times, Advanced Micro Devices plans to sustain its research and development investments on certain levels in a bid to ensure that its products are competitive in the future. Research and development are two corner stones of high-tech companies. Without fundamental research of things that may not seem important today …
Read More »AMD vows not to cut R&D expenses, plans to streamline operations
Although AMD has just announced a plan to reduce its workforce by 7 per cent and align its real estate footprint with its reduced headcount, the company has no plans to reduce spending on research and development (R&D). All the cuts will be made in different segments. While it is …
Read More »AMD to cut headcount by another 7% by year end
Advanced Micro Devices late on Thursday said that it will cut its staff by 7 per cent by the end of the year. The decision was made by Lisa Su, chief executive officer of AMD, who was appointed on the position just about a week ago. The company hopes that …
Read More »AMD posts higher revenue for the quarter, but still loses money
Advanced Micro Devices this week reported its financial results for the second quarter of 2014. The company did not manage to take advantage of corporate PC replacements, like its rival Intel did, but sales of chips for video game consoles allowed the firm to post rather significant increase in revenue compared …
Read More »AMD latest financial results – record earnings
We all knew that AMD would do very well in the 2nd quarter, our own newshound Faith had written a good article on the matter days ago. Their financial results released last night however were higher than most people expected – a record second quarter in fact. Total company revenues …
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