The financial crisis is surely hitting the IT sector, and some companies are going through their lowest and darkest hours. In the last 52 weeks, AMD was selling from $2.78 its lowest, to $13.80, its highest price, and as of today, the company's market capitalization is down to a pitiful $1.79 billion.

This stock is actually not only reflecting AMD’s weak performance; it is actually hurt by the global financial crisis that is really shaking the financial world down to its fundamentals.

AMD did deliver a promise that they will achieve operational profitability in Q3 2008, but as the complete market is going down, they are dragging AMD with it. Nvidia is down to $6.97, its 52-week low and Intel and all the other IT companies are also hurting from the current crisis.