Monday, August 25, 2008
AMD’s Latest Quarterly Loss: Digital TV Business
For a while there, it looked like Advanced Micro Devices was really going to take Intel to the mat, didn’t it? But not lately. After seven consecutive quarterly losses, AMD shares fell to a six-year low last month, down 50 percent in the past year. Good thing, then, that the company has chosen to sell off its digital television business, which these days is more of a distraction than anything else.




