AMD (NASDAQ:AMD) has been cresting a bullish wave ever since Intel’s (NASDAQ:INTC) shock announcement of a delay in the launch of its 7nm node products. Today, the semiconductor heavyweight has come under a fresh spotlight as it announced its earnings for the third quarter of 2020.
AMD (NASDAQ: AMD) Financial Scorecard
For the three months that ended on the 30th of September 2020, AMD earned $2.8 billion in revenue, registering an annual increase of 55.6 percent and beating consensus expectations by 9.38 percent.