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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 209.12+0.7%3:59 PM EST

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From: cruzbay6/2/2006 11:55:32 PM
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From EETimes:
"Some markets are stronger than others, however. “PC processor chip sales fell 52 percent year-over-year in April, so we expect another profit warning from Intel,” said Bruce Diesen, an analyst with Handelsbanken Capital Markets, in a report. “Most other chip sales were strong in April, as expected.”

"As we have been saying since January, we believe the current MPU cycle has passed a near-term peak, making for a challenging 2H '06 ahead for both Intel and AMD,” according to Susquehanna Financial Group semiconductor analyst Kevin Vassily.

Yikes! If that 52% number is even close to right, it can't be a good quarter for AMD.
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