secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0000002488-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248823000007/0000002488-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248823000007/amd-20230131.htm
  HTML page:      https://secwatch.observer/filing/0000002488-23-000007

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