AMD Continues to Hemorrhage Money, Mindshare Through Q1

Q1 resultsare infor the mainframe industry ’s # 2 , and they ’re ugly . This news , combined with late spinoffs , make believe the fellowship await kind of grisly — and its executives ’ obvious deficiency of optimism does n’t really help matters .

Processor sales were down 21 % , and computer graphic cow chip a full 15 % for $ 416 m in expiration , catch 2009 off to a jumpy , decidedly 2008 - esque starting . say AMD CEO Dirk Meyer :

I ’ve hear some say we ’ve hit bottom . I do n’t know how someone could say we ’ve reach bottom in the current economic climate .

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But lackluster chip sales were n’t AMD ’s only trouble in this quarter , which saw the company restructure andspin off their entire manufacturing divisionin what looked something like a understood admission of defeat .

https://gizmodo.com/amd-breaks-up-5059942

Quantifiable losses like this are plainly horrifying , but they also have a destructive effect on public perception . Most of us can remember a time ( or various prison term ) when enthusiast saw AMD processors as a higher-ranking alternative to Intel ’s offering , and the party as an energetic underdog . Now , with stories about the company’ssuffering financials and labyrinthine structureoutnumbering items aboutexciting new engineering science , they just await pitiful and lethargic . That ’s correct , I desire my processor war back . [ AP ]

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