---

1. 標的：AMD.US      (例 2330.TW 台積電)

2. 分類：討論

3. 分析/正文：

GAAP Quarterly Financial Results

                                Q1 2023 Q1 2022 Y/Y
Operating income (loss) ($M)    $(145)  $951    Down 115%


GAAP Quarterly Financial Results

                                Q1 2023 Q1 2022 Y/Y
Operating income (loss) ($M)    $(145)  $951    Down 115%


---

業績指引方面，AMD預期本季度的銷售將較一季度加速下滑，比市場預計的表現更差。

AMD預計，二季度營收爲53億美元，上下浮動3億美元，即範圍在50億到56億美元，中位值
53億美元低於分析師預期的55億美元。以指引中位值算，AMD本季度的營收將同比猛降
19.1%，分析師預期同比降約16%。

Non-GAAP下，剔除生產成本後，AMD預計二季度毛利率約爲50%，持平一季度水平，符合
分析師預期。

---

各部門摘要
-PC相關業務銷售繼續下滑
-數據中心相關業務未能保持40%以上的強勁增長，同比增長比預期還更少
-遊戲業務銷售降幅沒有市場預期的大
-嵌入式產品業務受益於XLNX的加入,優於預期

數據中心事業部
-Q1營收12.95億美元，同比小幅增長1.5%，預期14.6億美元，去年四季度同比增長42%
-Q1數據中心業務的營業利潤爲1.48億美元，同比下降65.3%，去年四季度增長32%。

客戶事業部
-Q1營收7.39億美元，同比劇減65.2%。預期9.08億美元，去年四季度同比下降51%；
-Q1營業虧損1.72億美元，去年同期錄得營業利潤6.92億美元
-去年四季度虧損1.52億美元。

遊戲事業部
-Q1營收17.57億美元，同比下降6.3%，預期15.3億美元，去年四季度同比下降7%；
-Q1業務營業利潤3.14億美元，同比下降12.3%，去年四季度同比下降23%。

嵌入式和半定製事業部
-Q1營收15.62億美元，同比增長262%，預期14.3億美元，去年四季度同比增長1868%；
-Q1業務營業利潤7.98億美元，同比增長290%

---

以下是財報全文 (以下是網頁翻譯 未經人工糾錯)

SANTA CLARA, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today
announced revenue for the first quarter of 2023 of $5.4 billion, gross margin
of 44%, operating loss of $145 million, net loss of $139 million and diluted
loss per share of $0.09. On a non-GAAP(*) basis, gross margin was 50%,
operating income was $1.1 billion, net income was $970 million and diluted
earnings per share was $0.60.



“We executed very well in the first quarter as we delivered better than
expected revenue and earnings in a mixed demand environment,” said AMD Chair
and CEO Dr. Lisa Su. “We launched multiple leadership products and made
significant progress accelerating our AI roadmap and customer engagements in
the quarter. Longer-term, we see significant growth opportunities as we
successfully deliver our roadmaps, execute our strategic data center and
embedded priorities and accelerate adoption of our AI portfolio.”



“Our strategically important Data Center and Embedded segments contributed
more than 50 percent of revenue in the first quarter," said AMD EVP, CFO and
Treasurer Jean Hu. "For the second quarter we expect sequential growth in our
Data Center and Client segments offset by modest declines in our Gaming and
Embedded segments. We remain confident in our growth in the second half of
the year as the PC and server markets strengthen and our new products ramp.”



Recent PR Highlights 最近的公關亮點

AMD continues to lead in confidential computing as major cloud service
providers including Microsoft Azure, Google Cloud and Oracle Cloud
Infrastructure announced new capabilities based on AMD EPYC™  processors.

AMD繼續在機密計算領域處於領先地位，包括Microsoft Azure，Google Cloud和Oracle
Cloud Infrastructure在內的主要雲服務提供者宣佈了基於AMD EPYC（霄龍）™ 處理器的
新功能。

AMD expanded capabilities for developers to build robust AI solutions
leveraging AMD products including updates to the PyTorch Foundation’s
PyTorch 2.0 framework which now offers native support for ROCm software and
the latest TensorFlow-ZenDNN plug-in, which enables neural network
inferencing on AMD EPYC CPUs.

AMD擴展了開發人員的功能，以利用AMD產品構建強大的AI解決方案，包括對PyTorch基金
會的PyTorch 2.0框架的更新，該框架現在提供對ROCm軟體的本機支援和最新的
TensorFlow-ZenDNN插件，該外掛程式可在AMD EPYC CPU上實現神經網路推理。

AMD announced the AMD Alveo™  MA35D media accelerator to power a new era of
live interactive streaming services at scale, featuring an integrated AI
processor that dynamically adjusts video quality.

AMD 宣佈推出 AMD Alveo™  MA35D 媒體加速器，為大規模直播互動流媒體服務的新時代
提供支援，該加速器採用可動態調整視頻品質的集成 AI 處理器。

AMD expanded its embedded processor portfolio with powerful, scalable
offerings for a variety of embedded applications:

The AMD Ryzen™  Embedded 5000 Series processors deliver mid-range, scalable
and efficient performance optimized for “always on” networking firewalls,
network-attached storage systems and other security applications.

AMD 擴大了其嵌入式處理器產品，為各種嵌入式應用提供了強大、可擴展的產品：
AMD 銳龍™ 嵌入式 5000 系列處理器提供中端、可擴展和高效的性能，針對「始終在線」
的網路防火牆、網路連接存儲系統和其他安全應用進行了優化。

The new AMD EPYC Embedded 9004 Series processors bring performance and energy
efficiency to embedded networking, security and firewall, and storage systems
in cloud and enterprise computing, as well as industrial edge servers.

全新 AMD EPYC（霄龍）嵌入式 9004 系列處理器為嵌入式網路、安全和防火牆、雲和企
業計算中的存儲系統以及工業邊緣伺服器帶來了性能和能效。

AMD showcased its growing presence in the telco space, including announcing a
Telco Solutions testing lab to support the validation of end-to-end AMD based
solutions, launching Zynq™  UltraScale+™  RFSoC products to accelerate the
deployment of 4G/5G radios in emerging markets, and expanding the
collaboration with Nokia to power Nokia Cloud RAN solutions to help
communications service providers achieve their most stringent energy
efficiency goals.



AMD Ryzen mobile processors are powering new commercial, consumer and gaming
experiences.

AMD 銳龍移動處理器正在為新的商業、消費者和遊戲體驗提供動力。

The new AMD Ryzen Z1 and Z1 Extreme processors, featuring AMD RDNA 3
architecture-based graphics, bring ultimate portability and battery life to
handheld PC gaming consoles, including the Asus ROG Ally.

新的AMD Ryzen Z1和Z1 Extreme處理器採用基於AMD RDNA 3架構的顯卡，為包括華碩ROG
Ally在內的掌上PC遊戲機帶來了終極便攜性和電池壽命。

HPI announced hardware and software offerings for the hybrid workplace
powered by next-gen Ryzen processors. HPI also announced the next generation
OMEN 16 and Victus 16 laptops featuring up to an AMD Ryzen 9 7940HS processor.

HPI 宣佈推出面向採用下一代銳龍處理器的混合工作場所的硬體和軟體產品。HPI還宣佈
了下一代暗影精靈16和Victus 16筆記型電腦，配備AMD Ryzen 9 7940HS處理器。

Lenovo announced the Legion Slim 7 featuring up to an AMD Ryzen 9 7940HS
processor, as well as additions to the Yoga lineup featuring AMD Ryzen 7000
Series processors.

聯想宣佈推出配備AMD Ryzen 9 7940HS處理器的Legion Slim 7，以及採用AMD Ryzen
7000系列處理器的Yoga陣容。

AMD partnered with HPI to co-engineer their Dragonfly Pro powered by custom
AMD Ryzen 7 7736U processors.


and newly announced Laptop 16.

Framework推出了他們的筆記型電腦13和新發佈的筆記型電腦16的AMD版本。

Samsung and AMD announced they signed a multi-year agreement extension to
bring multiple generations of high-performance, ultra-low-power AMD Radeon™
 graphics solutions to an expanded portfolio of Samsung Exynos SoCs.

三星和 AMD 宣佈簽署了一項多年續約協定，將多代高性能、超低功耗 AMD Radeon™  顯
卡解決方案引入三星 Exynos SoC 的擴展產品群組。

AMD announced the AMD Radeon PRO W7000 Series graphics, the first
professional graphics cards built on the advanced AMD chiplet design to
deliver leadership performance and unique features.

AMD 宣佈推出 AMD Radeon PRO W7000 系列顯卡，這是首款基於先進 AMD 小晶片設計的
專業顯卡，可提供領先的性能和獨特的功能。

AMD FidelityFX™  Super Resolution technology is now supported in 250
available and upcoming games, 110 of which support FSR 2, the latest update
to the cross-platform temporal upscaling technology.

AMD FidelityFX™  超解析度技術現已在 250 款可用和即將推出的遊戲中獲得支援，其中
 110 款支援 FSR 2，這是跨平台時間升級技術的最新更新。

AMD announced that Jack Huynh has been named senior vice president and
general manager of Computing and Graphics following the retirement of Rick
Bergman, the former executive vice president of Computing and Graphics.

AMD 宣佈，在前計算和圖形執行副總裁 Rick Bergman 退休后，Jack Huynh 被任命為計
算和圖形高級副總裁兼總經理。

Current Outlook

AMD’s outlook statements are based on current expectations. The following
statements are forward-looking and actual results could differ materially
depending on market conditions and the factors set forth under “Cautionary
Statement” below.

AMD 的展望聲明基於當前的預期。以下陳述是前瞻性的，實際結果可能會因市場狀況和下
文「警示聲明」中規定的因素而存在重大差異。

For the second quarter of 2023, AMD expects revenue to be approximately $5.3
billion, plus or minus $300 million. AMD expects non-GAAP gross margin to be

approximately 50%.
AMD 預計 2023 年第二季度的收入約為 53 億美元，上下浮動 3 億美元。AMD預計非GAAP
毛利率約為50%。

AMD Teleconference AMD 電話會議

AMD will hold a conference call for the financial community at 2:00 p.m. PT
(5:00 p.m. ET) today to discuss its first quarter 2023 financial results. AMD
will provide a real-time audio broadcast of the teleconference on the
Investor Relations page of its website at www.amd.com.




---

XLNX真是金雞母
PC/GPU在拖累
DC至少還有成長
Console...現在還有人搶買主機?


4. 進退場機制：(非長期投資者，必須有停損機制。討論、心得類免填)


----
※ 發信站: 批踢踢實業坊(ptt.cc), 來自: 118.160.72.120 (臺灣)
※ 作者: Severine 2023-05-03 09:09:05
※ 文章代碼(AID): #1aKRGpPJ (Stock)
※ 文章網址: https://www.ptt.cc/bbs/Stock/M.1683076147.A.653.html

--

(Severine.): [標的] AMD.US 財報全文 - Stock板