AMD has reported it’s 2nd quarter’s earnings report yesterday, according to Ars Technica, and it posted heavy losses. It only ended up with $600 million in profit, $130 million owing to it’s acquisition of ATI for $5.6 billion; along with severance costs, stock-compensation costs, and debt issuance charges.
However, it’s not all bad news. Revenues were up this time from it’s $1.22 billion last year, because it added both revenues from itself and ATI. As well, sales were up as well.
But, mostly this report brought it in a bad turn, with gross margins dropping 57% to 33%.