View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 4, 1997updated 03 Sep 2016 5:01pm


By CBR Staff Writer

Shares in Advanced Micro Devices Inc took a hit on Thursday following the company’s warning that it expected to post an operating loss for the third quarter and a consequent downgrading by Deutsche Morgan Grenfell to hold from accumulate. The chipmaker’s stock fell $3.625, losing 9.3% of its value, to close at $35.25. DMG cut its 1997 earnings per share estimate to $0.28 from $1.12, and its 1998 estimate to $2.45 from $3.25.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.