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SAN FRANCISCO, Oct 17 (Reuters) – Advanced Micro Devices
reported a third-quarter net profit of $48 million, or 6
cents a share, compared to a net loss of $157 million or 21
cents a share in the year-ago quarter as the chipmaker turns to
upcoming game consoles to offset slow demand for personal
computers.
AMD said on Thursday its third-quarter revenue was $1.46
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billion, compared to $1.27 billion in the same quarter last
year. Analysts on average expected third-quarter revenue of
$1.416 billion, according to Thomson Reuters I/B/E/S.