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To: orkrious who wrote (65323)7/7/2006 1:42:03 AM
From: ild  Respond to of 110194
 
AMD Cautions
Of Revenue Drop
As Intel Cuts Prices

By DON CLARK
July 7, 2006

Advanced Micro Devices Inc. warned of a decline in second-quarter revenue from the first period, a sign that sharp price cuts by rival Intel Corp. are beginning to do some damage.

AMD estimated that it will report revenue for the quarter of $1.22 billion. That is 52% higher than the year-earlier quarter, excluding revenue from a memory-chip business that was spun off, but 9% lower than the first quarter. The company had said it expected sales to be "flat to slightly down" from the first period.

online.wsj.com