---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-23-000192"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:03:08.602601+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# AMD Q3 2023: revenue $5.8B (+4% YoY), GAAP EPS $0.18, non-GAAP EPS $0.70

## Summary
- Data Center segment rev $1.6B (flat YoY, +21% QoQ); Instinct MI300 GPUs on track for Q4 volume production.
- Client segment rev $1.5B (+42% YoY) on Ryzen 7000 series; Gaming rev $1.5B (-8% YoY) on semi-custom decline.
- Embedded segment rev $1.2B (-5% YoY) due to communications market weakness and inventory correction.
- Q4 outlook: strong Data Center growth and Client momentum, partially offset by lower Gaming and Embedded.

## SEC filing metadata
- accession: 0000002488-23-000192
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/0000002488-23-000192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/amd-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-23-000192
- JSON: https://secwatch.observer/filing/0000002488-23-000192.json
- Plain text: https://secwatch.observer/filing/0000002488-23-000192.txt

## Key facts
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2023 of $5.8 billion, gross margin of 47%, operating income of $224 million, net income of $ 299 million and diluted earnings per share of $0.18 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/0000002488-23-000192-index.htm
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: AMD Reports Third Quarter 2023 Financial Results SANTA CLARA, Calif. ― Oct. 31, 2023 ― AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2023 of $5.8 billion, gross margin of 47%, operating income of $224 million, net income of $ 299 million and diluted earnings per share of $0.18 . On a non-GAAP (*) basis, gross margin was 51%,
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/0000002488-23-000192-index.htm
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: Data Center segment revenue was $1.6 billion, flat year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/0000002488-23-000192-index.htm
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: Client segment revenue was $1.5 billion, up 42% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/0000002488-23-000192-index.htm
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: Gaming segment revenue was $1.5 billion, down 8% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/0000002488-23-000192-index.htm
- Earnings Releases
  ADVANCED MICRO DEVICES INC reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: Embedded segment revenue was $1.2 billion, down 5% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000000248823000192/0000002488-23-000192-index.htm

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