AMD big gainer in 3rd-quarter microchip sales

AMD captured nearly 10 percent of computer microchip market revenue in the third quarter, the highest level in nearly three years, market research firm IDC said on Tuesday.

The gains show that Sunnyvale, California-based AMD is succeeding with a strategy of making higher-priced chips for servers and premium PCs used by video game enthusiasts, said Shane Rau, an IDC analyst. Rau said the average price of an AMD chip rose 10 percent from the second quarter.

Read the complete story here. (Reuters)

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