---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-23-000007"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:46:45.581906+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AMD Q4 GAAP operating loss $149M; FY 2022 revenue record $23.6B up 44%

## Summary
- Q4 GAAP EPS $0.01 vs $0.80 YoY; non-GAAP EPS $0.69 vs $0.92, down 25%.
- Client segment revenue fell 51% to $903M on weak PC market and inventory correction; Data Center rose 42% to $1.7B.
- Full-year GAAP net income down 58% to $1.3B; non-GAAP net income up 60% to $5.5B ($3.50 EPS).
- Q4 free cash flow $443M; FY2022 returned $3.7B to shareholders via buybacks.
- Embedded segment revenue surged 1,868% to $1.4B, driven by Xilinx acquisition; Gaming down 7%.

## SEC filing metadata
- accession: 0000002488-23-000007
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2023-01-31T23:59:59+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/2488/000000248823000007/0000002488-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248823000007/amd-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-23-000007
- JSON: https://secwatch.observer/filing/0000002488-23-000007.json
- Plain text: https://secwatch.observer/filing/0000002488-23-000007.txt

## Key facts
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported Full Year 2022 results: revenue $23.6 billion, net income $1.3 billion, EPS $0.84.
  - Period: Full Year 2022
  - Revenue: $23.6 billion
  - Net income: $1.3 billion
  - EPS: $0.84
  - Result: reported results
  source text: For full year 2022, the company reported revenue of $23.6 billion, gross margin of 45%, operating income of $1.3 billion, net income of $ 1.3 billion and diluted earnings per share of $ 0.84 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000007/0000002488-23-000007-index.htm

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