Advanced Micro Devices, Inc.

gross margin non-GAAP, Q2 FY2023

Advanced Micro Devices, Inc. expects gross margin non-GAAP of 50% for Q2 FY2023.

Guided 50% on 2 May 2023; reported 50% 91 days later; on the guided figure.

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Status
met
Guided
50%
Stated
2023-05-02
Reported
50%
Outcome date
2023-08-01
Days to falsifiable
91
Acknowledged
no

The guidance

AMD expects non-GAAP gross margin to be approximately 50%.

8-K 0000002488-23-000074, filed 2023-05-02 View on EDGAR

The outcome

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.

8-K 0000002488-23-000135, filed 2023-08-01 View on EDGAR

Review

review: hand-reviewed

Reviewed by hand by Navneet on 2026-10-02.