When AMD reported its first-quarter results in April, it said it expected second-quarter revenue to be flat to slightly down, in line with normal seasonal expectations. But $1.21 billion in revenue is a 9 percent decrease compared with the first quarter.More info over here.
Some analysts had fretted about AMD's performance in the face of a price war on Intel's part, as the larger chip company desperately tried to cut inventory ahead of the launch of its new Core architecture chips. AMD said sales of entry-level and mainstream processors for desktops and notebooks were down, the same categories that Intel targeted with its price cuts.
AMD to miss Q2 revenue target
Posted on Friday, Jul 07 2006 @ 21:39 CEST by Thomas De Maesschalck