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Stock Market & Financial Investment News

News Breaks
January 8, 2013
10:42 EDTAMDAMD downgraded to B from BB- by S&P, outlook Stable
Standard & Poor's Rating Services lowered its corporate credit and senior unsecured ratings on Advanced Micro Devices to 'B' from 'BB-'. At the same time, it removed the ratings from CreditWatch, where it had placed them with negative implications on Oct. 12, 2012. "The downgrade reflects our expectation for continued revenue and earnings declines resulting in leverage exceeding 7x over the coming year because of weak PC industry demand prospects and intense competition from industry peers, including Intel," said Standard & Poor's credit analyst John Moore.
News For AMD From The Last 14 Days
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August 28, 2015
05:52 EDTAMDStocks with implied volatility movement; AMD WMB
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August 27, 2015
05:53 EDTAMDIC demand for notebooks picking up, DigiTimes reports
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August 26, 2015
07:52 EDTAMDUBS to hold a tour
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August 24, 2015
06:22 EDTAMDTSMC pursuing 16nm chip orders, DigiTimes reports
According to market sources, DigiTimes reports that TSMC (TSM) has been "actively" seeking 16nm FinFET chip orders. In addition to securing a portion of Apple's (AAPL) A9 chip orders, TSMC has also received orders from AMD (AMD), Broadcom (BRCM), LG, Nvidia (NVDA) and Avago (AVGO), the sources say, noting that TSMC failed to maintain orders for Qualcomm's (QCOM) flagship mobile chips, as it has placed orders for the Snapdragon 820 series with Samsung (SSNLF). Reference Link

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