Re: Not so bad
"If they "lost" $497m but paid off debts of nearly $800m, that actually sounds like a pretty successful year. Revenue is up, profit is up (or at least less negative), market share is up, and debts are down. It really doesn't sound like such a horrible 2016 at all."
^ This. Put aside the one-off write offs and look at the underlying trading situation. It's certainly not disastrous by any means although they do need to do better. I'd certainly want AMD to survive to serve as counterweight to Intel especially since the third competitor, Cyrix, has long gone.