(Reuters) - SAN FRANCISCO, July 19 - Advanced Micro Devices
Inc. posted a 13 percent rise in quarterly revenue on
Thursday, a surprise sign of recent success against rival Intel
Corp. that sparked a rally in the microchip maker's
shares despite its $600 million loss.
The third quarterly loss in a row reflected a grueling
price war with AMD's bigger rival, but the second-biggest maker
of computer microprocessors said gross profit margins had risen
from three months earlier and were still improving.
Read more at Reuters.com Market News
Inc. posted a 13 percent rise in quarterly revenue on
Thursday, a surprise sign of recent success against rival Intel
Corp. that sparked a rally in the microchip maker's
shares despite its $600 million loss.
The third quarterly loss in a row reflected a grueling
price war with AMD's bigger rival, but the second-biggest maker
of computer microprocessors said gross profit margins had risen
from three months earlier and were still improving.
Read more at Reuters.com Market News
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