Investing.com - AMD reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AMD announced earnings per share of $0.18 on revenue of $1.93B. Analysts polled by Investing.com anticipated EPS of $0.16 on revenue of $1.85B.
AMD shares are up 56% from the beginning of the year and are trading at $67.76 , down-from-52-week-high.They are outperforming the Nasdaq which is up 15.93% from the start of the year.
AMD follows other major Technology sector earnings this month
AMD's report follows an earnings beat by Microsoft on Wednesday, July 22, 2020, who reported EPS of $1.46 on revenue of $38.03B, compared to forecasts EPS of $1.34 on revenue of $36.54B.
Taiwan Semiconductor had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $0.79 on revenue of $10.55B, compared to forecast for EPS of $0.72 on revenue of $10.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar