AMD, Nvidia, Intel: Things don’t look good for semiconductors

AMD, Nvidia, Intel: Things don’t look good for semiconductors

The golden age of chip production appears to be fading, at least for now.

The just-concluded second-quarter earnings season confirms that semiconductor makers are having a tough time.

OMG (OMG) Nvidia (NVDA) and Intel (INTC) , three of the biggest players in the industry, reported completely different performances. But even when the results were encouraging, as in the case of Advanced Micro Devices, the results fell far short of investors’ concerns.

Advanced Micro Devices saw revenue growth of 70% year-over-year to $6.6 billion, even as personal computer sales declined sharply. The company benefited from strong demand from data centers.

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