AMD Posts Solid Q413 Earnings

Robert Dow

AMD on Tuesday announced the fourth quarter earnings for 2013 exceeding its own goal. The increased sales of new game consoles by Sony and Microsoft allowed AMD’s semi-custom SoCs and graphics products to make up for the decline in their chipsets sold for notebooks. The chipmaker brought in $1.59 billion in revenue, an increase of 9% sequentially and 28% year-over-year. The company posted quarterly net income of $89 million.