Your not fabbing anymore?
You'll have a great quarter or two, but then you're screwed.
Advanced Micro Devices is no longer a fabricator of chips, but it is still benefitting from spinning out its wafer-baking unit to GlobalFoundries. In the first quarter ending April 2, AMD's sales were up a modest 2 per cent, to $1.61bn, but all of its costs were on the rise, and its operating income fell by 70 per cent, to $ …
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IMHO, few corporations - particularly those HQ'ed in the US - give a tinker's dam* about any profits past a quarter or two in the future. Outfits in other countries are sadly following suite. *sigh*
[*NOTE - "tinker's dam" is indeed the correct term per various texts published by The Oxford Press, makers of The Big Dic. (The OED) As to the term "following suite" I was too lazy to look it up. XD]
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