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AMD breaks sales record for last quarter

by Iain Thomson

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16 Jul 2010

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AMD has reported strong server sales

AMD has reported a record breaking second quarter for sales, attributing part of it to very strong growth in its big iron server line.

Revenue grew 40 per cent year on year during the quarter, in part thanks to a record $1.65bn (£1.07bn) in sales.

System sales showed around four cent growth, and AMD's GPU division doubled that figure, but chief executive Dirk Meyer singled out the company's high-end 6000 series server platform for particular praise.

"The 6000 series server sales quadrupled," he said. "That will have an impact in the third-quarter results."

AMD's rebranding around the Vision platform had been the most successful launch in the company's history, with 130 design wins for the platforms and the reintroduction of players like Sony into its stable.

After Intel's stellar quarter the stock market had been expecting good results, and AMD's shares rose sharply. The company still reported a loss of $43m (£28m) for the quarter, compared to last year's loss of $330m (£214m).

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