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.

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