Advanced Micro Devices' financial struggles continued in the fourth quarter, with revenue sinking 32 percent due to slow chip sales and charges tied to restructuring and inventory adjustments.
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Intel gained PC microprocessor market share over Advanced Micro Devices during the third quarter, but worldwide shipments of x86 chips declined at rates not seen in more than a decade, according to Mercury Research.
With a future in ARM servers looming, Advanced Micro Devices announced its fastest 16-core Opteron 6300 server chips as the company continues to enhance its x86 chips.
Advanced Micro Devices has announced it will sell ARM-based server processors in 2014, ending its exclusive commitment to the x86 architecture and adding a new dimension to its decades-old battle with Intel.
AMD has called a press conference for Monday where it's likely to announce plans for a SeaMicro server based on an upcoming 64-bit processor design from ARM.
Advanced Micro Devices hopes to brush off a slow start to compete against ARM and Intel in the Windows 8 tablet market through new customer announcements and future chips.
Advanced Micro Devices Tuesday introduced 8-core FX series chips for desktops with prices under $200 in units of 1,000, giving gamers the ability to build faster PCs at lower prices.
Some of the biggest names in tech reported quarterly earnings last week, and the resulting picture is not pretty. The main culprit for the weak earnings reported this week is a slump in the PC market, but uncertainty about the global economy is weighing down almost all sectors of tech.