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AMD to book $325 million gain from GlobalFoundries spinoff

by Hilbert Hagedoorn on: 04/10/2010 12:37 PM | source: | 0 comment(s)

The tide is very slowly turning for AMD. AMD announced yesterday in a Form 8-K filing that it will recognize a one-time, non-cash gain of $325 million on the deconsolidation of GlobalFoundries. Under the accounting guidelines pertaining to deconsolidation, the Company

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