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AMD Q4 Revenue Nearly Doubles

by - source: Tom's Hardware

Advanced Micro Devices Inc. returned to profitability during the fourth quarter of 2003, as strong sales across all segments nearly doubled the company’s revenue versus the same period a year ago. "For the company’s fourth quarter, AMD reported net income of $43 million on revenue of $1.206 billion, a monumental 76 percent improvement compared with the fourth quarter of 2002, when AMD reported a net loss of $855 million on revenue of $686 million."

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