Jerry Sanders: Kayoed By The K6

W.J. "Jerry" Sanders must think he's on a roller coaster. As recently as midsummer, the silver-haired, silver-tongued chairman of Advanced Micro Devices was looking forward to an upswing, thanks to strong demand for its new K6 chips. But on Oct. 7, AMD came down to earth with a third-quarter loss of $31.7 million. Only a week earlier, analysts had expected a loss of just $4 million.

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