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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 219.83+1.1%Dec 1 3:59 PM EST
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To: Rink who wrote (200297)6/3/2006 6:00:27 PM
From: combjellyRead Replies (1) of 275872
 
"Troubled Intel Corp. has put several of its loss-ridden communications-chip businesses on the block, including its network processors, XScale chip lines and other products..."

Uh oh. This means they are in much worse shape than anyone thinks. XScale is a very solid product, selling it off is a pretty desperate gambit.

This isn't the actions of a company expecting a turnaround in a quarter or two. This is an action of a company that is bleeding badly and expects it to continue for a year.
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