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  • AMD is planning another restructuring that will probably include additional layoffs, AllThingsD reports. One source claims it's an open secret in AMD's offices more job cuts are on the way. The hard-luck chipmaker just cut 15% of its workforce (1,700 jobs), and (though it denies plans to conduct a major asset sale) has reportedly hired JPMorgan to evaluate its options. [View news story]
    I bought 3000 of amd @ $ 10 a share, should I dollar cost average or hold or sell
    Nov 17, 2012. 06:05 AM | Likes Like |Link to Comment
  • Evercore's Patrick Wang makes a bearish call on PC chip stocks: AMD (AMD -1.9%) and Nvidia (NVDA -3.9%) have been downgraded to Underweight, and estimates have been cut for Intel (INTC -1.7%). Wang expects AMD to continue underperforming due to high CPU inventories, margin pressure, and tough competition from Intel and ARM-based solutions. As for Nvidia, he thinks Tegra sales could disappoint, partly due to the iPad Mini's arrival and slowing smartphone design wins. (Intel estimate cuts: I, II[View news story]
    I Bought amd @ $10, will I see this # again.....?
    thank you
    Sep 5, 2012. 03:42 PM | Likes Like |Link to Comment