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Advanced Micro Devices, AMD, 2002 Timeline Saturday, April 21 Bookmark and Share     Author
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AMD Shares Fall to 10-Year Low  AMD stock was at $3.86, down $1.51, or 28.3%, in mid-day trading $254.2 million third-quarter loss  Advanced Micro Devices is faced weak PC demand and the consequences of delaying the release of new chips AMD Scores Opteron Win with Sandia  A massive supercomputer to be built by Sandia National Laborites and Cray will use microprocessors from AMD AMD plans layoffs, will take large charge
World News (12) USA (335) California (187) Bay Area (11) Silicon Valley (1608) Sunnyvale (196) AMD (48) 2002
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CEO (301)   Revenue (112)   AMD, 2002   U.S. in October, 2002 (122)   U.S. in November, 2002 (34)
AMD cuts second-quarter sales estimate  Advanced Micro Devices anticipates a substantial operating loss Weaker Quarter Sales Anticipated  Supplier of integrated circuits for networks anticipated second quarter sales of about $600 million AMD posts $185 million quarter loss  Chip-maker Advanced Micro Devices continued to struggle with weak demand and strong competition from Intel Business PC Market Deal with HP  Advanced Micro Devices it reached a long-standing goal, landing its first deal for a top-tier U.S. personal-computer maker AMD to Unveil Double-Gate Transistors  Advanced Micro Devices had shrunk key elements of the semiconductor. It could lead to a chip with 1 billion transistors Launch of 64-bit chip delayed  Advanced Micro Devices delayed by a quarter the release of its Clawhammer microprocessors for desktop computers Biggest move yet against Intel  If AMD succeeds with the new chips 'Hammer,' the company could become the microprocessor industry's powerhouse Revenue shortfall warning
Narrower-than-expected loss  Advanced Micro Devices was driven by record sales of computer processors AMD reaffirms first-quarter guidance  Chip-maker expects sales of about $900 million with a small net loss First-quarter loss  Propelled by strong microprocessor sales, Advanced Micro Devices beats analysts' expectations Flamboyant CEO steps down

January 2002 ... more > Top ^

February 2002 ... more > Top ^

April 2002 ... more > Top ^
  W.J. Sanders III will remain chairman but day-to-day operations will now be handled by former Motorola executive de J. Ruiz

June 2002 ... more > Top ^

July 2002 ... more > Top ^

August 2002 ... more > Top ^

September 2002 ... more > Top ^

October 2002 ... more > Top ^
  Chip-maker Advanced Micro Devices warned its 3rd-quarter sales will fall about $100 million short of expectations

November 2002 ... more > Top ^
  20% of 13,187 employees could be cut. Executives plan to take a charge of 'several hundred million dollars'
Nov.10 Faster Chip for Laptop Computers  Athlon XP 2200+ is fastest-yet processor designed for laptop computers Nov.12 High-Density MirrorBit Flash Memory  Flash memory chips could speed the roll-out of advanced features in cellular phones and handheld computers Nov.14 Chip-maker to cut 2,000 jobs
  Advanced Micro Devices will cut 15% of its work force. AMD wants to reduce its expenses by $350 million in 2003

December 2002 ... more > Top ^
Dec.5 Revenue Guidance Raised
  No. 2 chipmaker is citing better-than-expected demand for its microchips used in PCs and its flash memory products

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