Drew Prairie News
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Sony Corp., trying to reverse a two- year decline in PlayStation sales, is prepping a powerful new version of the home console to deliver more realistic games and entertainment features, an analyst said.
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Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, reduced chip orders from supplier Globalfoundries Inc. as it tries to cut costs to preserve cash amid a PC-market slump.
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Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, rose as much as 8.2 percent on optimism that the sale of its campus in Austin, Texas, may help shore up its cash reserves.
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Advanced Micro Devices Inc., the second-largest maker of processors for personal computers, rose the most in two months after Reuters reported that the company hired JPMorgan Chase & Co. to explore options including a sale.
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Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, rose to the highest level in six weeks as some investors bet that its largest shareholder could help avert a cash shortfall.
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Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, said it isn’t actively pursuing a sale of the company or a significant sale of assets.
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Advanced Micro Devices Inc. said its largest shareholder, Mubadala Development Co., added a second representative on the company’s board.
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While Advanced Micro Devices Inc.’s management vacuum is fueling speculation of a takeover, a possible price tag of three times the average premium for semiconductor makers may deter any acquirers.
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Advanced Micro Devices Inc. is looking for a leader to replace ousted Chief Executive Officer Dirk Meyer who can do a better job combating Intel Corp. and getting chips into new devices.
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Advanced Micro Devices Inc. shares plunged 14 percent after the second-largest maker of processors for personal computers cut its forecasts for third-quarter sales and profitability, citing manufacturing disruption.
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