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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Intel is making money, while AMD is losing money

The latest quarterly financial results don't make pleasant reading for AMD. Intel has just declared revenues of $8.7 billion (up 8%) with net profits of $1.3 billion (up 44%). AMD has declared revenues of $1.4 billion (up 12%) but made a net loss of $600 million.

AMD says its processor shipments grew by 22% compared to last year's second quarter, and its losses include charges associated with taking over ATI, but it doesn't look good.

"While we made solid progress in the second quarter across a number of fronts, we must improve our financial results," said Robert Rivet, AMD's Chief Financial Officer.

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