AMD's Lisa Su shows off the latest 64-core Threadripper processor.
AMD's Lisa Su shows off the latest 64-core Threadripper processor at CES 2020.
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AMD posts strong $1.93 billion in revenue for Q2 2020 as it gains on Intel

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Advanced Micro Devices reported second-quarter earnings today that beat analysts’ estimates as it capitalizes on a rare lead in performance over archrival Intel. AMD posted a 26% gain in revenue for the quarter that ended June 30, compared to the same quarter a year ago.

Santa Clara, California-based AMD reported non-GAAP net income of 18 cents a share on revenue of $1.93 billion. The company is in the midst of a historic upswing as it exploits its advantages over Intel, including a well-defined Zen 2 processor architecture and a cost-efficient 7-nanometer manufacturing process with its partners. In after-hours trading, AMD’s stock price rose 7% to $72.34 a share.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.