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Yeah this isn't a problem for them, analyst outlook is still positive.

Amusingly after this breakup and costs, they announce all the stuff that would have been fabbed at TSMC (Bobcat successors) are now going to be made at GF. The charge was taken to give them the option of not using GF but they will anyway.

I feel certain in saying AMD will never win the desktop or server markets again, they need to refocus on being profitable in areas Intel has problems with (cheap laptops with good graphics, and servers with lots of tiny cores)