Advanced Micro Devices, Inc.

gross margin non-GAAP, Q4 FY2023

Advanced Micro Devices, Inc. expects gross margin non-GAAP of 51.5% for Q4 FY2023.

Guided 51.5% on 31 Oct 2023; reported 51% 91 days later; below the range by 1.0%, worse than guided.

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Status
missed worse than guided
Guided
51.5%
Stated
2023-10-31
Reported
51%
Outcome date
2024-01-30
Days to falsifiable
91
Acknowledged
no

The guidance

Non-GAAP gross margin is expected to be approximately 51.5%.

8-K 0000002488-23-000192, filed 2023-10-31 View on EDGAR

The outcome

On a non-GAAP(*) basis, gross margin was 51%, operating income was $1.4 billion, net income was $1.2 billion and diluted earnings per share was $0.77.

8-K 0000002488-24-000009, filed 2024-01-30 View on EDGAR

Review

review: hand-reviewed

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