AMD Reports Fourth Quarter and Full Year 2022 Financial Results


   Three Months Ended Year Ended
   December 31,
2022
  December 25,
2021
  December 31,
2022
  December 25,
2021
GAAP net income / earnings per share  $ 21   $ 0.01   $ 974   $ 0.80   $ 1,320   $ 0.84   $ 3,162   $ 2.57 
Loss on debt redemption/conversion                    7    
(Gains) losses on equity investments, net  5           (4 )           62       0.04       (56 )     (0.04 )
Stock-based compensation     310       0.19       112       0.09       1,012       0.64       379       0.31  
Equity income in investee     (3 )                       (14 )     (0.01 )     (6 )      
Acquisition-related costs (1)     57       0.04       9             521       0.33       42       0.03  
Amortization of acquired intangible assets     1,044       0.65                   3,548       2.26              
Income tax provision     (321 )     (0.20 )     31       0.03       (945 )     (0.60 )     (93 )     (0.08 )
Non-GAAP net income / earnings per share   $ 1,113     $ 0.69     $ 1,122     $ 0.92     $ 5,504     $ 3.50     $ 3,435     $ 2.79  

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