Posted: 01.22.14
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.