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AMD Reports $590 Million Loss Due to Breakup with GF

AMD has taken an expected hit on its Q1 quarter earnings as a result of the decision to buy itself out of a manufacturing agreement with Globalfoundries.
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Business & Finance : Business Insider: Money Game (2 days ago)

Last night, Alcoa kicked off second quarter earnings season with a beat. Over the next several weeks, earnings reports will roll in with 72% of the S&P 500 set to announce quarterly results over a three-week period beginning July 14... Read Post

The State Of Global Manufacturing In 4 Giant Slides (AA)

Business & Finance : Business Insider: Clusterstock (2 days ago)

Alcoa today reported second quarter earnings that beat expectations. Excluding certain items, the company earned profit of $0.18 per share on revenue of $5.84 billion, topping expectations for $0.12 on revenue $5.66 billion. Along w... Read Post

AMD beats expectations but accounting write-off leads to a huge $590M net loss

Business & Finance : Venture Beat (2 years ago)

Chip maker Advanced Micro Devices reported today that its first quarter results beat expectations, but the company had a big loss of $590 million. While AMD is very competitive with its product line-up, the results show that it’s no... Read Post

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