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http://biz.yahoo.com/ap/070419/earns_amd.html?.v=5

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SAN JOSE, Calif. (AP) -- Advanced Micro Devices Inc. reported a greater-than-expected loss in the first quarter as the chip maker continued to struggle amid a fierce price competition with larger rival Intel Corp.

AMD said Thursday it lost $611 million, or $1.11 per share, in the first three months of the year. That compares with a profit of $185 million, or 38 cents per share in the same quarter a year ago.