AMD: After Hours Gains Gone; Focus Turns To Processor Delay

Well, the new era of good feeling for Advanced Micro Devices (AMD) shares didn’t last very long.

AMD spikes in after hours trading after the company posted better-than-expected revenues and profits for the second quarter, the stock has reversed and is trading meaningfully lower this morning, as attention turns to a noteworthy production delays for a much-anticipated “Fusion” chip code-named Llano that combines a microprocessor with a graphics processor.

While the results initially looked like a carbon-copy of the strong results from Intel (INTC) earlier in the week, AMD once again proves to be a stickier story than many investors would like.

Read the rest of this post on the original site


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »