Wednesday, October 12, 2005

Wed - AMD beats sales expectations

AMD yesterday beat market expectations with record third quarter sales driven by a 44% increase in revenues from microprocessors. AMD is still benefitting from the technology lead over Intel in developing faster chips that use less power and 64-bit computing with dual-core processors.

Mind you, Intel responded on Monday with the launch of similar technology, so things might get tougher for AMD going forwards. They're just going to have to keep on innovating to continue to chip away at Intel's huge market share.

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