Chip maker sales continue to fall

October 18, 2013, 02:24am

AMD posted a six per cent decline in personal computer chip sales, dampening hopes that its fast-growing gaming-console business can take up the slack and sending its shares seven per cent lower. AMD’s third-quarter results yesterday beat analysts' forecasts as the chipmaker benefited from supplying processors for new game consoles. But investors had hoped for an even bigger boost, as AMD’s larger core PC business continues to shrink.

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