Updated at 11 a.m. PST with additional information from analysts.
These are not ordinary times. Not for Advanced Micro Devices, which reports earnings on Thursday. Nor for Intel.
For starters, AMD said last week that it would slash its workforce by 9 percent and institute temporary salary cuts.
This comes as the company enters the final stages of bifurcating into AMD the product company, which designs chips, and The Foundry Company, which manufactures them. A measure taken to stave off collapse. (There are still a few more steps that have to be taken before the split is sanctioned by … Read more