Key insights
7 takeaways · ~3 min read- 01AMD's total net revenue for Q1 2022 reached $5.887 billion, a significant increase from $3.445 billion in Q1 2021.
- 02The Computing and Graphics segment revenue grew by 33% to $2.802 billion in Q1 2022, driven by a 42% increase in average selling price despite a 7% decrease in unit shipments.
- 03The Enterprise, Embedded and Semi-Custom segment saw substantial growth, with revenue increasing to $2.526 billion in Q1 2022 from $1.345 billion in Q1 2021.
- 04The acquisition of Xilinx contributed $559 million in net revenue and $233 million in operating income in Q1 2022.
- 05Total operating income for Q1 2022 was $951 million, up from $662 million in Q1 2021.
- 06Acquisition-related intangible assets totaled $27.311 billion as of March 26, 2022, with an amortization expense of $479 million for the quarter.
- 07Estimated annual amortization expense for acquisition-related intangibles is projected to be $3.000 billion for the remainder of 2022 and $2.780 billion in 2023.
Summary
SEC 10-Q filing for AMD, filed 2022-05-04.
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