AMD Highest Profit Since 2000

With the new Intel Core Solo and Intel Core Duo processors, as well as Intel’s Pentium M line, many people forget that there is a competing company in AMD with its Turion chips.

Advanced Micro Devices, the world’s second-largest maker of chips that run personal computers, posted its biggest profit in more than five years in the first quarter.

Net income was $184.5 million, or 38 cents a share, after a loss of $17.4 million, or 4 cents, a year ago, the company said yesterday. Sales gained 8.6 percent, to $1.33 billion.

Analysts said the company’s increased sales were coming from its Opteron chip for server computers and in its Turion chip for laptops, which competes with the Centrino chip made by the Intel Corporation, the largest chip maker.

Source: The New York Times

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