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AMD reports solid Q2 results, facing a weak PC market
AMD (NASDAQ:AMD) has announced its revenue for Q2 2023 of $5.4bn (topped analysts’ estimates), with a gross margin of 46%, an operating loss Show More
AMD (NASDAQ:AMD) has announced its revenue for Q2 2023 of $5.4bn (topped analysts’ estimates), with a gross margin of 46%, an operating loss of $20m, net income of $27 million and diluted earnings per share of $0.02.

On a non-GAAP basis, gross margin was 50%, net income was $948 million and diluted earnings per share was $0.58, versus $0.57 expected by Refinitiv consensus estimates. The company’s sales forecast for the third quarter was weaker than expected.

1) Do you feel satisfied with AMD's latest earnings results?
2) What's your opinion or analysis of the company?
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