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AMD Post $74 Million Second Quarter Loss, CEO Expects Return to Profitability in Q3

Maximum PC: It's a tough time to be a chip maker without a significant foothold in the mobile handheld market. Witness Advanced Micro Devices (AMD), which recently announced $1.16 billion in revenue for the its second quarter of fiscal 2013, an operating loss of $29 million, and a net loss of $74 million, or $0.10 cents per share. Even though the numbers aren't where AMD would like them to be, the Sunnyvale chip designer is optimistic it will return to profitability next quarter.

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