Chips Sales Up For Intel, AMD - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance

Chips Sales Up For Intel, AMD

The market for Intel's microprocessors, chipsets, and motherboards has picked up in recent months, paving the way for the company to more than double quarterly profit from a year ago. Its third-quarter income reached $1.7 billion on revenue of $7.8 billion, a 20% sales increase from a year ago and 15% from the second quarter.

"It was the best sequential growth for a third quarter that we've seen in 25 years," said Andy Bryant, Intel's CFO and enterprise-services officer, during the company's earnings call. Intel doesn't expect revenue to keep growing at this sequential pace in the fourth quarter but still predicts revenue of between $8.1 billion and $8.7 billion.

Rival chipmaker Advanced Micro Devices Inc. saw sales growth without the profit. Sales rose 88% from a year ago and 48% from the second quarter to $954 million, but it lost $31 million.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
News
COVID-19: Using Data to Map Infections, Hospital Beds, and More
Jessica Davis, Senior Editor, Enterprise Apps,  3/25/2020
Commentary
Enterprise Guide to Robotic Process Automation
Cathleen Gagne, Managing Editor, InformationWeek,  3/23/2020
Slideshows
How Startup Innovation Can Help Enterprises Face COVID-19
Joao-Pierre S. Ruth, Senior Writer,  3/24/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll