PDA

View Full Version : AMD reduces chip orders from GlobalFoundries



najiro
12-10-2012, 05:20 AM
http://c7.valuewalk.com/wp-content/uploads/2012/08/AMD-logo.gif


AMD (http://www.amd.com) has been in a rougher road for the last quarter of 2012. Last October, AMD analysts forecasting on the company's fourth-quarter sales are short of their estimates. With that, AMD initiated cost-cutting actions by cutting down the $500 million wafer purchases to GlobalFoundries (http://www.globalfoundries.com/) by around 75%, down to $115-$125 million

Read more from source (http://www.bloomberg.com/news/2012-12-06/amd-cuts-chip-orders-to-globalfoundries-amid-pc-slump.html)

Comment Below