More weakness seen for AMD's 2Q results

SAN FRANCISCO - Investors aren't expecting fireworks from Advanced Micro Devices Inc.'s second-quarter results Tuesday despite stronger-than-expected results last week from bigger rival Intel Corp.

The improving personal computer business could provide a lift in AMD's latest figures, though, provided AMD was able to use a raft of new chips to help preserve its existing market share and possibly steal some from Intel.

AMD's finances have been in tatters for more than two years, and after changing CEOs and spinning off its factories into a separate company to save money, the No. 2 computer microprocessor maker is now leaner and in better shape to turn around.

Sales will be key to evaluating AMD's latest quarterly results.

Analysts are expecting a loss of 47 cents per share and a sales decline of 16 percent to $1.13 billion. Any significant deviation from the sales estimate will say a lot about how AMD is holding up against Intel in the recession.

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