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AMD’s restructuring could be fab-less–or at least fab light
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Written by Samuknow   
Monday, 23 April 2007 04:51

Advanced Micro Devices (AMD) reported a whopping loss, was crushed by Intel and flopped in the first quarter under any metric you choose. The good news: It's promising a game-changing restructuring.

AMD, which reported a first quarter net loss of $611 million, laid out a silver lining that looks like this: revenue will be flat with the first quarter tally of $1.23 billion (I don't buy that) and the company is cooking up an aggressive plan to fix things.

 

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