secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000002488-24-000121
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMD Q2 revenue $5.84B up 9% YoY; Data Center record $2.8B (+115% YoY)
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- GAAP EPS $0.16; non-GAAP EPS $0.69 up 19% YoY; non-GAAP gross margin 53%.
- Data Center segment revenue $2.8B record, up 115% YoY on Instinct GPU and EPYC CPU ramp.
- Client segment $1.5B, up 49% YoY driven by Ryzen processor sales.
- Gaming segment $648M down 59% YoY; Embedded $861M down 41% on inventory normalization.
- Non-GAAP operating income $1.26B, operating margin 22%; cash flow not disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248824000121/0000002488-24-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248824000121/amd-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000002488-24-000121

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