AMD posts second consecutive profitable quarter

By Jos ยท 4 replies
Apr 16, 2010
  1. 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.

    Read the whole story
  2. Archean

    Archean TechSpot Paladin Posts: 5,690   +96

    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 :)
  3. Route44

    Route44 TechSpot Ambassador Posts: 11,984   +72

    This is really good to hear/read.

    As Archean rightly states this is good for the consumer.
  4. 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.
  5. spikester48661

    spikester48661 TS Enthusiast Posts: 101

    good job AMD dam good job
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