Dual-core server processor powers sales Taking advantage of its technical lead over Intel Corp. in the dual-core server processor market, Advanced Micro Devices Inc. (AMD) on Tuesday reported better-than-expected results for its third fiscal quarter of 2005.Revenue for the quarter was up 23 percent, year-over-year, totalling $1.5 billion for the quarter, AMD said in a statement Tuesday. Net income amounted to $76 million for the quarter, or $0.18 per share, more than twice the $0.08 per share that Wall Street was expecting.Over the past few years, AMD has managed to catch Intel off stride, beating its much larger competitor to market with chips that use 64-bit extensions of Intel’s own x86 instruction set, and being first to market with dual-core server processors. That lead has apparently helped sales within AMD’s microprocessor group, which saw revenue jump 44 percent from last year’s total. Revenue from microprocessor sales totalled $969 million for the quarter, up from $673 million in the third quarter of 2004. Sales of server, desktop and mobile processors were all strong during the third quarter, AMD said.AMD expects revenue from microprocessor sales next quarter to be up by between 42 and 50 percent over the fourth quarter 2004 results, the company said.AMD’s results were not all good, however. Sales fell at AMD’s Memory Products Group, which sells the company’s MirrorBit flash memory products. Revenue for the quarter, which ended Sept. 25, totalled $516 million, down from $538 million during the previous year. AMD is in the process of spinning its Memory Products Group, which it operates as a joint venture with Fujitsu Ltd., into a separate company. Technology Industry