AMD Posts First Loss in Years as Consumer Chip Sales Plummet by 65%

AMD has posted its first quarterly loss in years due to weak sales of processors for client PCs. From a report: Overall, AMD's chip sales dropped 64%. AMD's data center and gaming hardware shipments remained strong and were flat year-over-year, which is quite an achievement given the slowing purchases of servers and weak demand for gaming hardware among consumers. While AMD's management expects the CPU market to start recovering in the second half of the year, the company's outlook for Q2 is not