With a decline of near 60%, AMD is the worst performer on the Philadelphia Semiconductor Index this year. Touching a peak of $8.20 in March this year, AMD's stock price has declined to a historical low of $1.80 since then. In its Q3 2012 earnings release last month, the company reported a decline in its revenue for the fourth consecutive quarter. (Read Our Earnings Article: Amid Dismal Results AMD Remains Upbeat On Its Restructuring Plans) AMD manufactures and markets microprocessors used in ser...
With a decline of near 60%, AMD is the worst performer on the Philadelphia Semiconductor Index this year. Touching a peak of $8.20 in March this year, AMD's stock price has declined to a historical low of $1.80 since then. In its Q3 2012 earnings release last month, the company reported a decline in its revenue for the fourth consecutive quarter. (Read Our Earnings Article: Amid Dismal Results AMD Remains Upbeat On Its Restructuring Plans) AMD manufactures and markets microprocessors used in ser...
Share this Article
Recommended