AMD Swings to Profit, Citing Notebook Chip Demand
Advanced Micro Devices Inc. swung to a profit in the third quarter on a 4.5 percent increase in sales as the chip maker experienced robust demand for its notebook chips.
AMD — which designs semiconductors that serve as calculating engines in computers, servers and game consoles — has benefitted from strong demand for its new chips that combine graphics and computing on the same piece of silicon.