OpenGL 3 exists!

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The loss was due to the cost of the acquisition. The ATI business unit is actually doing well, with regard to sales.

AMD's CPU business is losing out to Intel (still) and their product performance is lagging again, but they've come back from the brink on more than one occasion.

I used to love AMD+NVidia configurations for my desktops. With ATI's new cards, I could learn to love AMD+ATI. The performance compared to the price you pay is unbeatable.