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Operating income was $676 million, or 32% of revenue, compared to $538 million or 31% a year ago. Client processor ASP increased year-over-year driven by a richer mix of Ryzen mobile processor sales.

Client segment revenue was $2.2 billion, up 25% year-over-year driven by Ryzen mobile processor sales.

Operating income improvement was primarily driven by higher revenue, partially offset by higher operating expenses. Operating income was $472 million, or 32% of revenue, compared to $204 million or 25% a year ago.

Data Center segment revenue was $1.5 billion, up 83% year-over-year driven by strong sales of EPYC server processors.

Prior period results have been conformed to the new reporting segments for comparison purposes.

Embedded segment includes AMD and Xilinx embedded products.

Gaming segment includes discrete graphics processors and semi-custom game console products.

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Client segment includes desktop and notebook PC processors and chipsets.

Data Center segment includes server CPUs, data center GPUs, Pensando and Xilinx data center products.

AMD previously announced new segments beginning the second quarter to align financial reporting with the way AMD now manages its business in strategic end markets.

Goodwill and acquisition-related intangible assets associated with the acquisitions of Xilinx and Pensando were $50.4 billion.

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Free cash flow was $906 million in the quarter compared to $888 million a year ago. Cash from operations was a record $1.04 billion in the quarter, compared to $952 million a year ago.AMD repurchased $920 million of common stock during the quarter. Cash, cash equivalents and short-term investments were $6.0 billion at the end of the quarter and debt was $2.8 billion.Non-GAAP diluted earnings per share was $1.05 compared to $0.63 a year ago primarily driven by higher net income. Diluted earnings per share was $0.27 compared to $0.58 a year ago primarily due to lower net income and a higher share count as a result of the Xilinx acquisition.Record non-GAAP net income was $1.7 billion, up from $778 million a year ago primarily driven by higher operating income. Net income was $447 million compared to $710 million a year ago primarily due to lower operating income.Record non-GAAP operating income was $2.0 billion, or 30% of revenue, up from $924 million or 24% a year ago primarily driven by higher revenue and gross profit. Operating income was $526 million, or 8% of revenue, compared to $831 million or 22% a year ago primarily due to amortization of intangible assets associated with the Xilinx acquisition.Non-GAAP gross margin was 54%, an increase of 6 percentage points year-over-year, primarily driven by higher Data Center and Embedded segment revenue. Gross margin was 46%, a decrease of 2 percentage points year-over-year, primarily due to amortization of intangible assets associated with the Xilinx acquisition.

Revenue of $6.6 billion increased 70% year-over-year driven by growth across all segments and the inclusion of Xilinx revenue.

On a non-GAAP (*) basis, gross margin was 54%, operating income was $2.0 billion, operating margin was 30%, net income was $1.7 billion and diluted earnings per share was $1.05.

02, 2022 - AMD today announced revenue for the second quarter of 2022 of $6.6 billion, gross margin of 46%, operating income of $526 million, operating margin of 8%, net income of $447 million and diluted earnings per share of $0.27. Since 1987 - Covering the Fastest Computers in the World and the People Who Run Them

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