AMD experiences minor Q2’23 sales bump, guides big

Like Intel, sales were slightly up over Q1 but down year over year.

August 2, 2023

Andy Patrizio

For the second-quarter 2023, AMD reports a mild dip in sales across multiple lines, thanks to inventory burnoff and product refreshes.AMD announced GAAP revenue for the second quarter of 2023 of $5.4 billion, gross margin of 46%, operating loss of $20 million, net income of $27 million, and diluted earnings per share of $0.02.On a year-over-year basis, GAAP revenue was down 18.2%, while net income plunged by 93.9%. On a sequential basis, revenue rose 0.2%, while net income turned positive over the previous quarter’s loss.On a non-GAAP basis, gross margin was 50%, operating income was $1.1 billion, net income was

...

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

AMD experiences minor Q2’23 sales bump, guides big

Enjoy full access with a TechWatch subscription!

This content is restricted

Login