These results were driven by strong sales of cloud, notebook, memory and 5G products in an environment where digital services and computing performance are essential to how we live, work and stay connected.Research and development (R&D)Cash and cash equivalents, end of periodfrom ongoing mark-to-market adjustments ofWe exclude restructuring and other charges,This non-GAAP financial measure is helpful inoperating results and provide investors withCONSOLIDATED CONDENSED BALANCE SHEETSNet cash used for investing activitiesCash flows provided by (used for) investing activities:Cash and cash equivalents, beginning of periodDilutive effect of employee equity incentive plansflow adjusted to exclude additions to property,We exclude amortization charges for ourprovides an additional means to evaluate theChanges in assets and liabilities:NON-GAAP GROSS MARGIN PERCENTAGERestructuring charges are costs associatedasset impairments, pension charges, andIn addition to disclosing financial results in accordance with U.S. GAAP, this document contains references to the non-GAAP financial measures below. Words such as "anticipates," "expects," "intends," "goals," "plans," "pledged," "guidance," "believes," "seeks," "estimates," "continues," "launching," "may," "will," "would," "should," "could," and variations of such words and similar expressions are intended to identify such forward-looking statements. Income tax effects have been calculated using an appropriate tax rate for each adjustment.
These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with U.S. GAAP, and the financial results calculated in accordance with U.S. GAAP and reconciliations from these results should be carefully evaluated.Maturities and sales of trading assetsNon-Volatile Memory Solutions Groupvolatility correlates to our core operationalIncome taxes payable, non-currentDesktop platform average selling pricesassets consists of amortization of intangibleevaluation of our current operatingAcquisition-related adjustmentsuseful evaluation of our current operatingrecorded in prior periods, for purposes ofwith additional means to evaluate cost andProperty, plant and equipment, netPurchases of available-for-sale debt investmentsOngoing mark-to-market on marketable equity securitiesrecorded upon a security becoming"It was an excellent quarter, well above our expectations on the continued strong demand for computing performance to support cloud-delivered services, a work- and learn-at-home environment, and the build-out of 5G networks," said Bob Swan, Intel CEO. Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, in Silicon Valley. For the second quarter of 2020, Intel reported $19.7B in revenue, more than $3B ahead of their year-ago quarter, and only slightly behind Q1’s $19.8B in revenue. Statements that refer to or are based on estimates, forecasts, projections, uncertain events or assumptions, including statements relating to total addressable market (TAM) or market opportunity, business plans, future products and technology and the expected availability and benefits of such products and technology, including our 10nm and 7nm process technologies and products, and anticipated trends in our businesses or the markets relevant to them, also identify forward-looking statements.
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