Intel, AMD report strong sales

— 12:00 AM on January 17, 2002

Both Intel and AMD released earnings statements for the fourth quarter of 2001 this week, and, as some folks had suspected, processor sales were strong. Intel reported $7 billion in revenue, while AMD sales totaled nearly $1 billion. Both companies reported record microprocessor sales, closing out a dreadful year with a pretty decent quarter. Intel turned a profit, while AMD lost less money than expected. For real coverage of this investor-type stuff, visit JC's place, where you can get transcriptions of conference calls and other such info.

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