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AMD's Latest Quarterly Loss: Digital TV Business

John Paczkowski in News on August 25, 2008 at 10:19 am PT

For a while there, it looked like Advanced Micro Devices was really going to take Intel to the mat, didn’t it? But not lately. After seven consecutive quarterly losses, AMD shares fell to a six-year low last month, down 50 percent in the past year. Good thing, then, that the company has chosen to sell off its digital television business, which these days is more of a distraction than anything else.

AMD’s Latest Quarterly Loss: Digital TV Business

John Paczkowski in News on August 25, 2008 at 10:19 am PT

For a while there, it looked like Advanced Micro Devices was really going to take Intel to the mat, didn’t it? But not lately. After seven consecutive quarterly losses, AMD shares fell to a six-year low last month, down 50 percent in the past year. Good thing, then, that the company has chosen to sell off its digital television business, which these days is more of a distraction than anything else.