Advanced Micro Devices has reported a net loss of over $21 million on turnover of $2.356 billion, but the company remains confident that its fortunes are on the rise.
The figures show that the losses are associated with the inability of AMD to deliver enough K6 chips to manufacturers.
Said Jerry Sanders, CEO and chairman of AMD: ?Although we increased unit production substantially [in our fourth quarter], yields continued to be disappointing."
He added: "Sales of K6 processors increased by 26 per cent over the immediate prior quarter to $190 million. Unit shipments increased by 50 per cent to 1.5 million units.
The figures show that the other parts of AMD?s business, manufacturing, communications and programmable logic, remain profitable.
Last week, Compaq and IBM said they would use K6 chips, meaning that those firms, at least, are confident that supplies will improve throughout 1998.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago