AMD Q2 2020 results

AMD’s first quarter was up from Q1 and year-to-year in sales. Revenue was $1.93 billion, up 26% year-over-year primarily driven by higher Computing and Graphics segment revenue. Net profit was down 7.8% quarter-over-quarter due to lower revenue in both segments and up 349% year-to-year. “We delivered strong second-quarter results, led by record notebook and server processor sales as Ryzen and Epyc revenue more than doubled from a year ago,” said Dr. Lisa Su, AMD president, and CEO. “Despite some macroeconomic uncertainty, we are raising our full-year revenue outlook as we enter our next phase of growth driven by the acceleration