AMD looks for new revenue, looks to telekom and storage

Advanced Micro Devices announced Monday an intention to increase revenue by selling its existing Opteron server processor to companies that make storage, medical imaging, and communications equipment.

AMD, based in Sunnyvale, California, made the announcement during the Embedded Systems Conference in San Francisco this week. The embedded processors typically are defined as chips used for any electronics gadgets and equipment except computers and servers. AMD said it's interested in the high-end embedded market.

Read the complete story . (Red Herring)

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