Advanced Micro Devices (Nasdaq: AMD) reported a smaller than expected loss for the first quarter of 14 cents per share compared with a loss of 23 cents per share in the year ago period and announced a licensing agreement with a new joint venture with Tianjin Haiguang Advanced Technology Investment. The stock price climbed $1.02 to $3.64.
AMD narrows losses more than expected
April 22, 2016 at 13:49 PM EDT
