secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000002488-22-000120
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMD reports record Q2 revenue of $6.6B (+70% YoY); non-GAAP EPS $1.05 vs $0.63 YoY
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- GAAP revenue $6.55B, net income $447M, diluted EPS $0.27; non-GAAP gross margin 54% (up 640bps YoY).
- Data Center segment rev $1.5B (+83% YoY), Client $2.2B (+25%), Gaming $1.7B (+32%), Embedded $1.3B (+2,228%).
- Record quarterly operating cash flow of $1.04B; free cash flow $906M; repurchased $920M of stock.
- Completed Pensando acquisition for ~$1.9B; Xilinx inclusion drove Embedded segment growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248822000120/0000002488-22-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248822000120/amd-20220802.htm
  HTML page:      https://secwatch.observer/filing/0000002488-22-000120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer