Recently, AMD launched its new Radeon R9 290X graphics card that has left many of us quite amazed. Following the launch, Nvidia struck back with some price drops, but that hasn't stopped analysts from coming up with a rather impressive figure. While it is known that analysts are often rather conservative about AMD's performance, there are a couple who have predicted that AMD will reach a 40 percent market share in graphics cards over the next six months.
AMD had announced that it has managed to make a net profit of $48 million over Q3 2013. This even accounts for drops in notebook-related sales and reduced GPU sales. According to the report from DigiTimes, the reason AMD managed to make a profit is due to sales from customized products and stable desktop sales.
A healthy and strong AMD is good for competition, which will only benefit the consumer.