AMD posts smaller quarterly loss than expected

By Jos
Oct 16, 2009
  1. Benefiting from a rebounding PC market, AMD has posted a narrower than expected loss for the third quarter of 2009 and offered an upbeat outlook for the remainder of the year. Its chip design arm actually made a $2 million net profit this time around, up from a $244 million net loss in the second quarter, but once you add in the numbers from GlobalFoundries things don't look as well.

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