(PR) AMD Trims Q3 Forecast, $1 Billion Missing, Client Processor Revenue down 40%, Halved Quarter-over-Quarter

AMD (NASDAQ:AMD) today announced selected preliminary financial results for the third quarter of 2022. Third quarter revenue is expected to be approximately $5.6 billón, un incremento de 29% año tras año. AMD previously expected revenue to increase approximately 55% year-over-year at the mid-point of guidance. Preliminary results reflect lower than expected Client segment revenue resulting from reduced processor shipments due to a weaker than expected PC market and significant inventory correction actions across the PC supply chain.

Revenue for the Data Center, Gaming, and Embedded segments each increased significantly year-over-year in-line with the company’s expectations. Gross margin is expected to be approximately 42% and non-GAAP(*) gross margin is expected to be approximately 50%. AMD previously expected non-GAAP gross margin to be approximately 54%. El déficit del margen bruto con respecto a las expectativas se debió principalmente a menores ingresos impulsados ​​por menores envíos de unidades de procesador del Cliente y menor precio de venta promedio. (ÁSPID). Además, Se espera que los resultados del tercer trimestre incluyan aproximadamente $160 millones de cargos principalmente por inventario, fijación de precios, y reservas relacionadas en los negocios gráficos y de clientes.