AMD Announces Second Quarter 2022 Earnings

DATE:2022-Aug-20

AMD (NASDAQ: AMD) today reported second quarter 2022 revenue of $6.6 billion, gross margin of 46%, operating income of $526 million, operating margin of 8%, and net income of $447 million, per diluted share Shares earned $0.27. Non-GAAP gross margin was 54%, operating income was $2.0 billion, operating margin was 30%, net income was $1.7 billion, and earnings per diluted share were $1.05.

Dr. Lisa Su, AMD Chairman and CEO, said: "Based on our strong execution and expanding product portfolio, we achieved record revenue for eight consecutive quarters. Each of our segments The market has seen significant year-on-year growth, especially in the data center and embedded products. We can foresee that in the second half of this year, with the shipment of next-generation 5nm products and the support of diversified business models, we will further sustained growth.”