AMD slashes $880M from value of division

(AP) -- Struggling to climb back to profitability, Advanced Micro Devices Inc. suffered another setback Friday when the chip maker disclosed that two businesses it acquired in a pricey acquisition were underperforming.

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<p><a href="http://www.physorg.com/news135009511.html">AMD slashes $880M from value of division</a></p> <p>(AP) -- Struggling to climb back to profitability, Advanced Micro Devices Inc. suffered another setback Friday when the chip maker disclosed that two businesses it acquired in a pricey acquisition were underperforming.</p>