AMD posts deeper 1Q loss of $416 million, shares fall but Remains Hopeful

AMD posts deeper 1Q loss of $416 million, shares fall but Remains Hopeful

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AMD 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 [...]

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