Advanced Micro Devices aims to be profitable again next year

Advanced Micro Devices aims to be profitable again next year

Advanced Micro Devices is struggling to compete against the market leader Intel in the PC microprocessor market.

However, the company has now said that they are going to become profitable again next year.

AMD CEO Hector Ruiz said in a statement: “We have gone through a very difficult time, reacted quickly and decisively, and we are on our way to really have, I believe, a phenomenal transition year in 2008.”

The company is suffering due to massive delays in the launch of new microprocessor products. Intel bounced back in a big way with their new processors and AMD has failed to match them in the recent times.