AMD looks to shed Communications Group

Things are getting scarey for AMD...

Advanced Micro Devices said late Wednesday it intends to sell its Communications Group.

The chip maker, which made the announcement following the announcement of a $105.5 million third quarter loss, has engaged Donaldson, Lufkin, & Jenrette and Salomon Smith Barney to find a buyer.

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All