More from the AMD Q3 report: Gross margin of 31%. Expects Q4 revenue down 9% (plus or minus 4%)...

|By:, SA News Editor

More from the AMD Q3 report: Gross margin of 31%. Expects Q4 revenue down 9% (plus or minus 4%) from Q3. "It is clear that the trends we knew would re-shape the industry are happening at a much faster pace than we anticipated. As a result, we must accelerate our strategic initiatives to ... put in place a lower cost business model." Shares now +1.9% AH.