AMD posts second consecutive profitable quarter

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Jos

TS Evangelist
AMD has posted a net profit of $257 million on $1.57 billion revenue for the first quarter of 2010, and this time it didn't even need that juicy Intel settlement money to get out of the red. It did however saw a one-time, non-cash gain of $325 million related to the deconsolidation of spinoff GlobalFoundries. This was the second quarter in a row in which the chipmaker saw a profit after 12 consecutive losses, also marking a notable improvement over AMD's $416 million net loss in the year-ago period.

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Archean

TechSpot Paladin
Thats nice bit of news, I hope things will start to look better for them as more competitive AMD is great news for us, the consumers :)
 

Route44

TechSpot Ambassador
This is really good to hear/read.

As Archean rightly states this is good for the consumer.
 
G

Guest

Once the word gets around that Nvidia's Firmi isn't all it was cracked up to be, the sales will grow even faster for their graphics business.
 
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