AMD (AMD): More Evidence Of Trouble
The Inquirer reports returned from Computex with grave concerns about the launch of AMD’s (AMD) new chip which is currently call Barcelona. AMD’s channel partners are concerned that the chip will not launch on time, or, that it will not…
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The Inquirer reports returned from Computex with grave concerns about the launch of AMD’s (AMD) new chip which is currently call Barcelona. AMD’s channel partners are concerned that the chip will not launch on time, or, that it will not live up to AMD’s high hopes for using it to get share back from Intel (INTC).
When The Inquirer asked about progress on the new chip it mostly got answers along the lines of "no comment". As the online tech site said, that is a response far worse than it was hearing a few short months ago.
Concerns about the new chip pushed AMD’s shares down from $14.40 last week to $13.59 before they made a modest recovery. But, the stock could test a new 52-week low at $12.60 if The Inquirer is right.
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