AMD is moving forward
AMD has definitely found new markets and products that are helping them rebuild in a very bad economic environment worldwide. That's impressive. A $29 millon quarterly loss on a billion dollars in sales is insignificant in the grand scheme of business. Some of the previous quarters AMD made good money but showed negative numbers because they purchased SeaMicro, bought out of exclusive CPU production with GloFo, etc.
Someone who doesn't understand the accounting - and there are many who fall into this category, falsely conclude that AMD has only experienced red ink in recent times, which is untrue. In addition SeaMicro will be bringing in nice revenue and developing new micro servers by Q4 of '13. It's good that AMD has made the painful transition but they seem well positioned going forward despite the naysayers.