Old 04-07-2008, 04:50 PM Offline   #1 (permalink)



 
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Default AMD lowers sales outlook, plans job cuts (AP)

AP - Battered by product delays and acquisition costs, beleaguered chip maker Advanced Micro Devices Inc. said Monday that it will jettison 10 percent of its work force and warned investors that first-quarter sales were lower than expected across all business lines.

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