Amd loses 51 million dollars in the last Christmas quarter

Although the headline may seem somewhat catastrophic, the news can be interpreted according to the glass through which you look. First, AMD continues to generate losses based on the latest financial results for the fourth quarter (Q4) of 2016, but it is also true that its losses are lower than the same period last year.

AMD continues to lose money, but less…

It could be said that AMD continues to lose money, but less and less if we analyze in detail the results of its economy. In the last three months of 2016, AMD lost about $ 51 million, with revenue of $ 1.11 billion. When compared to the last quarter of 2015, we see that AMD's losses had been $ 102 million, with earnings of $ 958 million.

The last quarter's losses are said to be due to AMD making its third payment for the agreement with GlobalFoundries to produce its chips at 14nm and soon at 7nm. In total, AMD has to pay about $ 335 million for this agreement.

Comparative figures

The company has some 1, 260 million dollars in its bank accounts. The graphics card division entered 600 million with a loss of 21 million dollars, the one of Companies, embedded and semi-personalized systems (XBOX One - Playstation 4 - Graphics used by Apple) could enter 506 million with benefits of 47 million Dollars.

Although the figures are not like jumping on one leg, if you can say that they are stable and that small loss of $ 51 million is due more to investment expenses than to poor sales of their products. ADM's finances will be interesting when its next Ryzen processors and new VEGA graphics are released.