Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of chip maker Advanced Micro Devices
So what: Revenue increased 4% year over year to $1.69 billion while adjusted profits came in at $0.15 per share, even with last year's Q3. Analysts had been calling for just $1.65 billion in revenue and $0.10 per share of earnings. AMD tempered expectations late last month when it disclosed production problems at its main supplier, GlobalFoundries.
Now what: More impressive, I'd say, is that AMD claimed to take laptop market share from its main rival, Intel
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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