AMD Reports Second Quarter 2023 Financial Results


   Three Months Ended
   July 1,
2023
  April 1,
2023
  June 25,
2022
GAAP net income (loss) / earnings (loss) per share  $ 27   $ 0.02   $ (139 )  $ (0.09 )  $ 447   $ 0.27 
(Gains) losses on equity investments, net  3      (1)     10    
Stock-based compensation  348   0.21   305   0.19   259   0.16 
Equity income in investee     (6 )           (1 )           (4 )      
Amortization of acquisition-related intangibles     693       0.42       823       0.51       1,023       0.63  
Acquisition-related and other costs (1)     47       0.03       115       0.07       174       0.11  
Income tax provision     (164 )     (0.10 )     (132 )     (0.08 )     (202 )     (0.12 )
Non-GAAP net income / earnings per share   $ 948     $ 0.58     $ 970     $ 0.60     $ 1,707     $ 1.05  

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