AMD Declines on GPU Losses; Wells Sees Hope in Cost Cuts, Consoles
Shares of chip maker Advanced Micro Devices (AMD) are down 12 cents, or almost 6%, at $1.97 following a report yesterday afternoon by Reuters’s Nadia Damouni and Noel Randewich that said the company hired JP Morgan to “explore options,” which was almost immediately followed by a company statement asserting AMD is not shopping itself. Weighing [...]
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