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AMD to cut nearly 1,800 jobs or 15 pct of workers

Chipmaker Advanced Micro Devices Inc. says it will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year in order to reduce spending in the face of dwindling sales.

How chips, PCs, services companies are faring

Personal computer makers have been scrambling to adapt to a technological upheaval unleashed by Apple Inc.'s line of sleek devices such as the iPhone and iPad and by a shift toward Internet-based software services instead ...

Abu Dhabi gets full ownership of chip manufacturer

(AP) -- A microchip manufacturer controlled by the Abu Dhabi government says it has reached an agreement to acquire a minority stake held by former owner Advanced Micro Devices.

AMD struggles to reinvent itself

Sunnyvale, Calif.-based Advanced Micro Devices was hoping to profit from a bigger share of the PC chip market after its longtime nemesis, Intel, suffered a string of antitrust regulatory rebukes in recent years.

AMD cutting 1,400 workers in first move by new CEO

(AP) -- Advanced Micro Devices Inc. is cutting some 1,400 workers as a weak computer market and manufacturing delays have hurt the world's second-biggest maker of microprocessors for PCs.

'Jaguar' supercomputer gaining speed

Cray Inc. said it has sealed a deal to overhaul the US Department of Energy's "Jaguar" supercomputer, making it faster than any other machine on the planet.

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