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[ITP] AMD posts loss after Abu Dhabi write-down...

post #1 of 2
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Quote:
Chip maker AMD swung to a loss of $177 million in 4Q2011 following a $209 million write-down of its investment in Globalfoundries, a semiconductor manufacturer majority-owned by Abu Dhabi's Mubadala Development Company.

Source

Looks like AMD's stock is climbing though...hopefully it continues and AMD can up the bar some this year with their Trinity and PileDriver processors...

http://ir.amd.com/phoenix.zhtml?c=74093&p=irol-stockquote
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post #2 of 2
repost.
http://www.overclock.net/t/1205165/en-amd-reports-a-net-loss-for-q4-2011-30-million-apus-sold-last-year/0_50
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