AMD Profits at Intel's Expense - Los Angeles Times

AMD Profits at Intel's Expense - Los Angeles Times
Continuing its assault on archrival Intel Corp., computer chip maker Advanced Micro Devices Inc. said Wednesday that it had swung to a profit in the first quarter on higher sales.

AMD's net income of $184.5 million, or 38 cents a share, in the period ended March 26 marked the Sunnyvale, Calif.-based company's best quarterly performance in more than five years as its processors won market share away from Intel, the world's largest semiconductor manufacturer.