amdAMD posts deeper loss, shares fall

SAN FRANCISCO — Advanced Micro Devices Inc.'s loss widened in the first quarter as demand and prices for its microprocessors slumped and charges for the biggest restructuring in the company's 40-year history took their toll. Its shares slipped 5 percent in after-hours trading on disappointing guidance.AMD reported after the market closed Tuesday that it lost $416 million, or 66 cents per share, in the opening three months of the year. It wasn't as bad as Wall Street projected.

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