No bleeding at all, really
AMD chose to buy out their exclusive APU/CPU production contract with GloFo at a cost of ~$800 M. They didn't have to do this but it was a wake-up call for GloFo and a strategic move that will benefit AMD and GloFo. Without the buy-out AMD actually made ~$200 M profit which ain't bad considering all the re-organization costs and the acquisition of SeaMicro which will net benefits almost immediately and help AMD grow their server Biz significantly.