# TOP NEWS
# Business news
AMD Reports Lower Revenue and Profits in 2Q23
AMD Reports Lower Revenue and Profits in 2Q23

AMD announced revenue for the second quarter of 2023 of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, a net income of $27 million, and diluted earnings per share of $0.02.

# Telecommunications
Optix Infrastructure Loses Contract for Telecom Infrastructure Development, Croatia Loses €100 Million for Fiber from Recovery Plan
Optix Infrastructure Loses Contract for Telecom Infrastructure Development, Croatia Loses €100 Million for Fiber from Recovery Plan

On July 2, 2025, the Central Agency for Financing and Contracting of EU Programs and Projects (SAFU) unilaterally terminated all contracts with the company Optix Infrastructure. HAKOM, as the national telecom regulator, announced the decision, which concerns funds from the National Recovery and Resilience Plan under Call C2.3. R4-I1 Implementation of Projects under the Framework National Program for the Development of Broadband Infrastructure in Areas Without Sufficient Commercial Investment Interest.

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