AMD Posts 3Q Loss, but Investors Hopeful

October 18, 2007 By JORDAN ROBERTSON, AP Technology Writer AMD 3Q Loss Deeper Than Expected (AP)

Advanced Micro Devices CEO Hector Ruiz is seen in this undated photo provided by AMD. AMD is expected to release quarterly earnings Thursday, Oct. 18, 2007. (AP Photo/Advanced Micro Devices)

(AP) -- Advanced Micro Devices Inc. has lost more than $1 billion so far this year, but investors appear optimistic that stronger microprocessor sales and better cost controls are helping the slumping chip maker improve its financial health.

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