secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0000002488-24-000161
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMD reports Q3 revenue $6.8B, non-GAAP EPS $0.92; Data Center record $3.5B
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- Revenue $6.819B, up 18% YoY; GAAP EPS $0.47, non-GAAP EPS $0.92 (up 31% YoY).
- Data Center segment revenue record $3.5B, up 122% YoY on Instinct GPU and EPYC CPU sales.
- Client segment $1.9B (+29% YoY); Gaming $462M (-69% YoY) on lower semi-custom revenue.
- Embedded segment $927M (-25% YoY) but up 8% sequentially; demand improving in several end markets.
- Acquiring ZT Systems for AI data center infrastructure; expected close in H1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248824000161/0000002488-24-000161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248824000161/amd-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000002488-24-000161

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