VMbytes

AMD lost $396 million, or 71 cents a share, in the September quarter on revenues of $1.63 billion, up 18% sequentially and up 23% year-over-year. Its operating loss was $226 million. Those losses, better than last quarter when it lost $600 million, were nine cents heavier that Wall Street expected but revenues were $100 million better than figured too. AMD took a $120 million charge, accounting for 22 cents of the losses and attributed to its pricey $5.6 billion ATI acquisition, integration and severance charges and impairment of its Spansion assets. If you exclude the charges, it did better than it was supposed to.

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