After three consecutive years of losses, AMD had returned to profit in the last quarter of 2009 with an agreement signed with Intel, according to the terms of which the latter paid him $ 1.25 billion. For the first quarter of 2010, Advanced Micro Devices remains in the green: the founder effect in states have achieved during a net profit of 257 million dollars for a turnover of 1.57 billion. These results include an entry, however exceptional 325 million resulting from the deconsolidation of certain assets related to GlobalFoundries, entity owner of the former factory of AMD.
The processor industry, which remains the main source of revenue, AMD would have registered an increase of 23% over a year thanks to higher sales volumes supported. It falls, however slight decline from the fourth quarter of 2009, AMD is a factor attributed to a slightly lower demand, partially offset by higher average selling price of chips. As for graphics processors, AMD reported an increase of 88% over a year, particularly boosted by demand for chips dedicated to laptops.
"Offer products and solid operating performance led to record profits in the first quarter," has welcomed Dirk Meyer, president and CEO of AMD, in a statement. "We continue to strengthen our offer. We have launched the latest generation of our server platforms, expanding our family of cards support DirectX 11 and began shipments of our next generation platform for laptops to the consumer. "
The improvement, however, could not last. The second quarter 2010, the first of its new fiscal year, AMD said, expect to see a seasonal decline in revenues that will offset maybe not this time some outstanding assets.
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