Silver lining for AMD

As the world economic slowdown continues to hit tech spending, PC vendors are being forced to cut prices to maintain shipment growth.

But the world's second largest chip maker, Advance Micro Devices Inc, sees the economic turbulence as an opportunity for expansion, as PC vendors turn to products with higher cost performance.

"I think that represents a tremendous opportunity for us," Randy Allen, senior vice-president of AMD's computing solutions group, said.