|
SAN FRANCISCO (AP) - Advanced Micro Devices Inc. reported a loss in the second quarter as heavy acquisition costs and lower microprocessor prices overshadowed rising chip sales.
AMD, the world's No. 2 microprocessor maker, said Thursday that it lost $600 million or $1.09 per share, for the three months ended June 30. That compares with a profit of $89 million, or 18 cents per share, in the same period last year.
The Sunnyvale-based chipmaker incurred one-time charges of $130 million, or $0.24 per share, during the latest quarter related to its $5.6 billion acquisition of graphics chip maker ATI Technologies Inc. Excluding those charges, AMD would have lost 85 cents per share.
|