By Ian Jones, 30 August 2001 08:01
NEWS A fierce price war with arch-rival Intel has forced AMD to admit it will make a loss in its third financial quarter. The company expects revenues to slide by around 15 per cent on its last quarter even though its chip sales will remain at a company record of 7.8 million units shipped. AMD says the vicious price-war with Intel is putting heavy pressure on revenues, as the pair fight over market share. AMD currently owns 22 per cent of the global processor market, against Intel's 76 per cent.
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