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Telecomunicaciones y tecnología

AMD expects fourth-quarter restructuring and impairment charges


    NEW YORK (Reuters) - Chipmaker Advanced Micro Devices Inc expects to report restructuring and impairment charges amid a weaker economy and falling shares, according to a regulatory filing on Friday, although it gave no estimates.

    AMD said it will incur additional restructuring charges in fiscal 2008 and 2009, after recording third-quarter severance and related costs of around $9 million on a previously-announced restructuring plan.

    It also expects an impairment charge in the fourth quarter amid "the continuing deterioration in the price of our common stock and the resulting reduced market capitalization."

    (Reporting by Ritsuko Ando; Editing by Derek Caney)