---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-23-000135"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:24:53.842522+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AMD Q2 revenue $5.36B (-18% YoY); GAAP EPS $0.02, non-GAAP $0.58; Q3 guidance for DC/Client growth

## Summary
- Revenue $5.36B (down 18% YoY); GAAP gross margin 46%, operating loss $20M, net income $27M ($0.02 EPS).
- Non-GAAP: gross margin 50%, operating income $1.07B, net income $948M ($0.58 EPS).
- Segment: Data Center $1.3B (-11% YoY), Client $998M (-54%), Gaming $1.6B (-4%), Embedded $1.5B (+16%).
- Q3 guidance: Data Center and Client revenues expected to grow double-digit% sequentially; Gaming and Embedded to decline.
- AI engagements up 7x QoQ; MI300 on track for Q4 launch. Appointed Phil Guido as chief commercial officer.

## SEC filing metadata
- accession: 0000002488-23-000135
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2023-08-01T23:59:59+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/2488/000000248823000135/0000002488-23-000135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248823000135/amd-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-23-000135
- JSON: https://secwatch.observer/filing/0000002488-23-000135.json
- Plain text: https://secwatch.observer/filing/0000002488-23-000135.txt

## Key facts
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported Second Quarter 2023 results: net income $948 million, EPS $0.58.
  - Period: Second Quarter 2023
  - Net income: $948 million
  - EPS: $0.58
  - Result: reported results
  source text: On a non-GAAP (*) basis, gross margin was 50%, operating income was $1.1 billion, net income was $948 million and diluted earnings per share was $0.58.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000135/0000002488-23-000135-index.htm

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