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 Jul 14, 2005 - 02:00 PM - by Michael
* AMD posts profit

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PC Games/Hardware/Microsoft
Unexpected, but good news on the hardware side: AMD has posted a quarterly profit.

Computer chip maker Advanced Micro Devices Inc. on Wednesday posted an unexpected net profit as strong microprocessor sales offset weakness in memory chips used in consumer electronics. AMD, of Sunnyvale, California, reported a net profit for the second quarter ended June 26 of $11.3 million, or 3 cents per diluted share, compared with a profit of $32 million, or 9 cents per diluted share, in the quarter ended June 27, 2004.

 

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