Both chip giants,AMD and Intel, have weak Q2 numbers

Advanced Micro Devices Inc. Q2 results: sales of $1.22 billion, an 8.7 percent decline from the $1.33 billion in sales the company reported in Q1.

http://www.reed-electronics.com/electronicnews/article/CA6355287.html?ref=nbth

Intel registered $8 billion with Q2 revenues at the bottom of its previously forecast range and below analyst estimates as lower average selling prices in a competitive environment with rival Advanced Micro Devices (AMD) hit the chip giant’s top line.

http://www.reed-electronics.com/electronicnews/article/CA6354842.html?ref=nbenn