While chip-maker AMD reported a loss for the third quarter, it cut its losses by 34 percent over the second quarter, which analysts see as an indication that the worst of the price war with Intel could be over, according to The Wall Street Journal. AMD's loss in the quarter totaled $396 million, compared with a profit of $136 million in the same period last year.
Meanwhile, orders for chip equipment fell 10 percent in September from August, according to the trade group Semiconductors Equipment and Materials International. It said $81 in orders was received for every $100 of product shipped.
North American-based chip equipment makers had $1.23 billion orders in September, down from $1.37 billion in August. The total represents a decrease of 25 percent from September 2006, according to Reuters.