Thursday, July 18, 2013

Reuters: Technology News: Chipmaker AMD's second-quarter revenue beats expectations

Reuters: Technology News
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Chipmaker AMD's second-quarter revenue beats expectations
Jul 18th 2013, 20:20

SAN FRANCISCO | Thu Jul 18, 2013 4:20pm EDT

SAN FRANCISCO (Reuters) - Advanced Micro Devices reported second-quarter revenue of $1.161 billion and a net loss of $74 million, or a loss of 10 cents a share, as it expands into chips for game consoles and other new markets to offset a shrinking PC industry.

Analysts, on average, had expected second-quarter revenue of $1.108 billion, according to Thomson Reuters I/B/E/S.

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