Chipmaker Advanced Micro Devices (AMD) is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp, according to three people familiar with the matter.
PC chipmaker Advanced Micro Devices (AMD) has reported lower net income for its fourth quarter from the year ago and said its revenue in the current quarter would be flat to slightly down sequentially.
It said its net earnings fell to $375
Intel Corp forecast upbeat fourth-quarter sales and margins as resilient demand from emerging markets and corporations offset weak consumer spending, raising hopes that the technology sector could end 2010 on a strong note.
Shares of Intel
AMD has appointed Alberto Bozzo as corporate vice president and general manager of Europe, Middle East and Africa (Emea).
Bozzo will have responsibility for all sales and marketing operations within Emea. He starts his new role in January