---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-22-000168"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:36:22.877565+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AMD Q3 revenue $5.6B (+29% YoY) but GAAP operating loss $64M; Client segment down 40%

## Summary
- GAAP net income $66M ($0.04 EPS); non-GAAP EPS $0.67 vs $0.73 YoY; non-GAAP operating income $1.26B (+20%).
- Client segment revenue $1.0B (-40% YoY) due to weak PC market and inventory correction; ASP up on richer Ryzen desktop mix.
- Data Center revenue $1.6B (+45%) driven by EPYC server processors; Embedded $1.3B (+1549% on Xilinx inclusion).
- GAAP gross margin 42% (down 610 bps) from Xilinx amortization and $160M inventory charges; non-GAAP margin 50%.
- Operating cash flow $965M; repurchased $617M of common stock; cash and short-term investments $5.6B.

## SEC filing metadata
- accession: 0000002488-22-000168
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248822000168/0000002488-22-000168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248822000168/amd-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-22-000168
- JSON: https://secwatch.observer/filing/0000002488-22-000168.json
- Plain text: https://secwatch.observer/filing/0000002488-22-000168.txt

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