AMD has been hit hard by recent financial results, coupled with last week's unexpected news that its president, Atiq Raza, is leaving for personal reasons. AMD announced a loss of $162 million (£105 million) on sales of $595 million (£384 million) for the current quarter. Although the loss was less than expected, analysts said it shows that Intel's push into the volume market with its Celeron brand has started to hurt its rival.
Latest Tesla news: Tesla stock price tanks amid reports of 'widening probe' by SEC and claims the base Model 3 loses money
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