AMD. Firing On All Cylinders While Intel Is Firing Their CTO.
3 Aug 2020
EXECUTIVE SUMMARY
AMD reported second quarter earnings of $1.93 billion, up 26% YoY and 8% sequentially, and some $80 million higher than the forecasted midpoint. Net income amounted to $157 million, down 3% sequentially. Having downgraded the full year outlook last quarter, the company raised it again, this time around to 32% growth YoY.
On t…
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