---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-23-000074"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:54:05.686011+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AMD Q1 2023: Revenue $5.35B, GAAP loss $0.09/sh, non-GAAP EPS $0.60, beats expectations

## Summary
- Revenue $5.35B (-9% YoY); GAAP diluted loss per share $0.09; non-GAAP diluted EPS $0.60 (-47% YoY).
- Non-GAAP gross margin 50% (-3ppts); Data Center and Embedded segments >50% of revenue.
- Q2 outlook: sequential growth in Data Center and Client; modest declines in Gaming and Embedded.
- Announced product launches: EPYC embedded, Ryzen Z1, Radeon PRO W7000; AI roadmap progress.
- GAAP gross margin 44% (down 4ppts YoY) due to acquisition-related amortization costs.

## SEC filing metadata
- accession: 0000002488-23-000074
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248823000074/0000002488-23-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248823000074/amd-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-23-000074
- JSON: https://secwatch.observer/filing/0000002488-23-000074.json
- Plain text: https://secwatch.observer/filing/0000002488-23-000074.txt

## Key facts
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported financial results for first quarter ended April 1, 2023.
  - Period: first quarter ended April 1, 2023
  - Result: reported results
  source text: On May 2, 2023, the Company announced its financial position and results of operations as of and for its first quarter ended April 1, 2023 in a press release that is attached hereto as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000074/0000002488-23-000074-index.htm

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