Chipmaker AMD to cut 500 global jobs

[dancingshoes]

The company has been shifting to gaming consoles and low-power servers, but progress has lagged Wall Street expectations due to intense competition from Intel Corp and newer companies.
Shares of AMD were flat at $1.74 in after-hours trading.

https://sg.finance.yahoo.com/news/chipmaker-amd-cut-5-percent-202043678.html

 

[knowwhatyouwantinlife]

Attractive price to punt...could go bankrupt or takeover target