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AMD posts higher first quarter revenues

On Wednesday, AMD announced their first quarter earnings,
reporting a 70 percent surge. Revenue for the first quarter was $1.33 billion, up from
$780 million in the same quarter last year.

AMD's performance was led by strong sales of its Athlon 64
and Opteron processors. Intel, in March, warned that its first-quarter revenue
would be lower than expected based on a slow market and some loss of market
share to AMD.

Despite AMD's recent gain in market share, AMD is only
expected to introduce one major technology this year; DDR2 will be released
with the new AM2 socket, which is not expected to give a huge boost to

In June, AMD will hold a financial analyst meeting where it
will disclose future road map plans beyond the end of 2006.

View: AMD

News source: CNET News.com

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