"We think we can gain [processor market] share in the fourth quarter of this year," says Henri Richard, AMD's executive vice president of worldwide sales and marketing, referring to the company's battle with market-leader Intel.
There was one soft spot amid AMD's mostly bright picture, as flash memory sales were buffeted by declining demand in the cell phone market. However, AMD's flash memory sales overall remained profitable.
Deconstructing AMD's numbers, the $1.24 billion the company reported in third-quarter sales marked a 30 percent rise compared with the same period in 2003. In the third quarter of 2003, AMD reported sales of $954 million and a net loss of $31 million.
Third-quarter operating income of $68 million improved from an operating loss of $30 million in the third quarter of 2003.
Moving forward, AMD is on track to release multicore versions of its 64-bit processors in 2005. Such chips place two CPUs on a single semiconductor die. AMD is also in the midst of transitioning its processors to an advanced 90-nm semiconductor fabrication technology.
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