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AMD Q3 2020 results

AMD’s third-quarter was up from Q2 and year-to-year in sales. Revenue was $2.8 billion, up 57% year-over-year primarily driven by higher Computing and Graphics segment revenue. Net profit was 148% quarter-over-quarter and up 225% year-to-year. “Our business accelerated in the third quarter as strong demand for our PC, gaming, and data center products drove record quarterly revenue,” said Dr. Lisa ...

Jon Peddie

AMD’s third-quarter was up from Q2 and year-to-year in sales. Revenue was $2.8 billion, up 57% year-over-year primarily driven by higher Computing and Graphics segment revenue. Net profit was 148% quarter-over-quarter and up 225% year-to-year. “Our business accelerated in the third quarter as strong demand for our PC, gaming, and data center products drove record quarterly revenue,” said Dr. Lisa Su, AMD president, and CEO. “We reported our fourth straight quarter with greater than 25 percent year-over-year revenue growth, highlighting our significant customer momentum. We are well-positioned to continue delivering best-in-class growth as we further extend our leadership product portfolio
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