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One Year Ago: Happy AMD posts profitable quarter

This story first published April 9, 1997

AMD is on a roll, following up its K6 processor release by posting a quarterly profit that took Wall Street by surprise.

The Californian chip maker made $12.9m on revenues of $551.9m, its first profit since the equivalent quarter a year ago.

With up to four million K6 chips expected to be shipped this year the firm is expected to post banner figures in forthcoming quarters.