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AMD Posts $364 Million Net Loss, Looks to Carrizo to Turn Things Around

Maximum PC: Hoping for a strong finish to the year, AMD instead reported revenue of $1.24 billion in the fourth quarter, down 13 percent sequentially and 22 percent year-over-year. The Sunnyvale chip designer also reported an operating loss of $330 million and a net loss of $364 million, or $0.47 per share for the quarter, leading to a net loss for the year of $403 million, or $0.53 per share.

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