AMD released their financials today, and found the 2010 first quarter being a record-setter for them, with an impressive $1.57 Billion in revenue, translating into $257Million net income or $0.35 per share.  Lots of this came from recent deals to put Opteron chips in HP, Dell, Cray, and SGI systems, but the graphics segment did pretty well too:

Graphics segment revenue decreased 3% sequentially and increased 88% year-over-year. The sequential decrease was driven primarily by a seasonal decline in royalties received in connection with the sale of game console systems, largely offset by an increase in graphics processor unit (GPU) revenue. The year-over-year increase was driven primarily by an increase in GPU shipments.

  • Operating income was $47 million, compared with $50 million in Q4-09 and breakeven in Q1-09.
  • GPU shipments increased sequentially, primarily driven by record mobile discrete graphics unit shipments.
  • GPU ASP increased sequentially and decreased year-over-year.
  • AMD expanded the industry-leading ATI Radeon™ HD 5000 family of graphics cards with seven product introductions. AMD is the only company shipping Microsoft DirectX® 11 capable graphics cards with ATI Eyefinity technology spanning the desktop, notebook and workstation markets. New products introduced include:

Full details and numbers in their press release.

AMD Reports Fourth Quarter Results.