Advanced Micro Devices Inc

Chipmaker AMD Suffers Big Losses, Announces Big Layoffs

PC chipmaker Advanced Micro Devices said on Thursday it will cut its work force of nearly 12,000 by 15 percent, its second round of layoffs in less than a year as it struggles with a weak global economy and a consumer shift toward tablets.

China's New Supercomputer Means Business

China's race to space is the science and technology story grabbing the headlines these days. But it's China's down-to-earth move into semiconductor country that should worry investors most.