---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-22-000163"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2022-10-06T23:59:59+00:00"
generated_at: "2026-06-23T05:12:40.848987+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AMD pre-announces Q3 revenue ~$5.6B, well below guidance of $6.7B on PC weakness

## Summary
- Preliminary Q3 revenue ~$5.6B (+29% YoY) vs prior guidance of ~$6.7B; client revenue fell 40% YoY to ~$1.0B.
- Non-GAAP gross margin expected ~50% vs prior guidance of ~54%; includes ~$160M charges for inventory and pricing reserves.
- Data Center segment revenue ~$1.6B (+45% YoY), Gaming ~$1.6B (+14% YoY), Embedded ~$1.3B (+1549% YoY) all in-line.
- GAAP operating expenses ~$2.4B; non-GAAP opex ~$1.5B, lower than expected $1.6B due to lower variable compensation.
- CEO cites weaker PC demand and significant inventory correction across supply chain; full Q3 results on Nov 1.

## SEC filing metadata
- accession: 0000002488-22-000163
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2022-10-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248822000163/0000002488-22-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248822000163/amd-20221006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-22-000163
- JSON: https://secwatch.observer/filing/0000002488-22-000163.json
- Plain text: https://secwatch.observer/filing/0000002488-22-000163.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.