AMD Files 10-K for FY23, Details Semiconductor Operations
Ticker: AMD · Form: 10-K · Filed: 2024-01-31T00:00:00.000Z
Sentiment: neutral
Topics: earnings, annual-report, semiconductors
TL;DR
**AMD's 10-K is out, giving investors the full FY23 financial picture.**
AI Summary
Advanced Micro Devices (AMD) filed its 10-K on January 31, 2024, for the fiscal year ending December 30, 2023. The filing highlights AMD's operations as a semiconductor and related devices company, emphasizing its business address in Santa Clara, CA. This matters to investors because it provides a detailed, audited overview of the company's financial performance and operational status for the past year, which is crucial for evaluating its health and future prospects.
Why It Matters
This filing offers a comprehensive look into AMD's financial health and operational risks, essential for investors to make informed decisions about buying or holding the stock.
Risk Assessment
Risk Level: medium — As a semiconductor company, AMD faces inherent risks related to customer concentration, technological obsolescence, and global supply chain disruptions.
Analyst Insight
Investors should review the full 10-K document to understand AMD's detailed financial performance, management discussion and analysis, and risk factors for the fiscal year ending December 30, 2023, before making any investment decisions.
Key Numbers
- 20231230 — Conformed Period of Report (The end date of the fiscal period covered by this 10-K filing.)
- 117 — Public Document Count (The total number of documents included in this filing.)
- 001-07882 — SEC File Number (The specific identification number for AMD's filings with the SEC.)
- 3674 — Standard Industrial Classification (SIC) (Indicates AMD operates in 'Semiconductors & Related Devices'.)
- (408) 749-4000 — Business Phone (AMD's primary business contact number.)
Key Players & Entities
- ADVANCED MICRO DEVICES INC (company) — the filer of the 10-K
- Santa Clara, CA (site) — AMD's business address
- December 30, 2023 (date) — the fiscal year end date
- January 31, 2024 (date) — the filing date of the 10-K
- 0000002488 (company) — Central Index Key (CIK) for AMD
Forward-Looking Statements
- AMD will continue to focus on its core semiconductor and related devices business. (ADVANCED MICRO DEVICES INC) — high confidence, target: 2024-12-31
FAQ
What is the fiscal year-end date covered by this 10-K filing for Advanced Micro Devices Inc.?
The fiscal year-end date covered by this 10-K filing for Advanced Micro Devices Inc. is December 30, 2023, as indicated by 'CONFORMED PERIOD OF REPORT: 20231230'.
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted to the SEC on January 31, 2024, as stated by 'FILED AS OF DATE: 20240131'.
What is Advanced Micro Devices Inc.'s primary business classification according to the filing?
Advanced Micro Devices Inc.'s primary business classification is 'SEMICONDUCTORS & RELATED DEVICES [3674]', as per its Standard Industrial Classification (SIC).
Where is Advanced Micro Devices Inc.'s business headquarters located?
Advanced Micro Devices Inc.'s business headquarters is located at 2485 Augustine Drive, Santa Clara, CA 95054, as detailed in the 'BUSINESS ADDRESS' section.
What is the Central Index Key (CIK) for Advanced Micro Devices Inc.?
The Central Index Key (CIK) for Advanced Micro Devices Inc. is 0000002488, as specified in the 'COMPANY DATA' section.
From the Filing
0000002488-24-000012.txt : 20240131 0000002488-24-000012.hdr.sgml : 20240131 20240131171639 ACCESSION NUMBER: 0000002488-24-000012 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 117 CONFORMED PERIOD OF REPORT: 20231230 FILED AS OF DATE: 20240131 DATE AS OF CHANGE: 20240131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC CENTRAL INDEX KEY: 0000002488 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 941692300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07882 FILM NUMBER: 24583949 BUSINESS ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: (408) 749-4000 MAIL ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 10-K 1 amd-20231230.htm 10-K amd-20231230 10-K false December 30, 2023 2023 FY 0000002488 P1Y http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent 0000002488 2023-01-01 2023-12-30 0000002488 2023-06-30 iso4217:USD 0000002488 2024-01-25 xbrli:shares 0000002488 us-gaap:CustomerConcentrationRiskMember amd:CustomerAMember us-gaap:RevenueFromContractWithCustomerMember 2023-01-01 2023-12-30 xbrli:pure 0000002488 2023-12-30 amd:site 0000002488 2021-12-26 2022-12-31 0000002488 2020-12-27 2021-12-25 iso4217:USD xbrli:shares 0000002488 2022-12-31 0000002488 us-gaap:CommonStockMember 2022-12-31 0000002488 us-gaap:CommonStockMember 2021-12-25 0000002488 us-gaap:CommonStockMember 2020-12-26 0000002488 us-gaap:CommonStockMember 2023-01-01 2023-12-30 0000002488 us-gaap:CommonStockMember 2021-12-26 2022-12-31 0000002488 us-gaap:CommonStockMember 2023-12-30 0000002488 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000002488 us-gaap:AdditionalPaidInCapitalMember 2021-12-25 0000002488 us-gaap:AdditionalPaidInCapitalMember 2020-12-26 0000002488 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-30 0000002488 us-gaap:AdditionalPaidInCapitalMember 2021-12-26 2022-12-31 0000002488 us-gaap:AdditionalPaidInCapitalMember 2020-12-27 2021-12-25 0000002488 amd:FairValueOfCommonStockIssuedAsAcquisitionConsiderationMember us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-30 0000002488 amd:FairValueOfCommonStockIssuedAsAcquisitionConsiderationMember us-gaap:AdditionalPaidInCapitalMember 2021-12-26 2022-12-31 0000002488 amd:FairValueOfCommonStockIssuedAsAcquisitionConsiderationMember us-gaap:AdditionalPaidInCapitalMember 2020-12-27 2021-12-25 0000002488 amd:PreCombinationUnvestedRestrictedStockUnitsAssumedMember us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-30 0000002488 amd:PreCombinationUnvestedRestrictedStockUnitsAssumedMember us-gaap:AdditionalPaidInCapitalMember 2021-12-26 2022-12-31 0000002488 amd:PreCombinationUnvestedRestrictedStockUnitsAssumedMember us-gaap:AdditionalPaidInCapitalMember 2020-12-27 2021-12-25 0000002488 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0000002488 us-gaap:TreasuryStockCommonMember 2022-12-31 0000002488 us-gaap:TreasuryStockCommonMember 2021-12-25 0000002488 us-gaap:TreasuryStockCommonMember 2020-12-26 0000002488 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-30 0000002488 us-gaap:TreasuryStockCommonMember 2021-12-26 2022-12-31 0000002488 us-gaap:TreasuryStockCommonMember 2020-12-27 2021-12-25 0000002488 us-gaap:TreasuryStockCommonMember 2023-12-30 0000002488 us-gaap:RetainedEarningsMember 2022-12-31 0000002488 us-gaap:RetainedEarningsMember 2021-12-25 0000002488 us-gaap:RetainedEarningsMember 2020-12-26 0000002488 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-30 0000002488 us-gaap:RetainedEarningsMember 2021-12-26 2022-12-31 0000002488 us-gaap:RetainedEarningsMember 2020-12-27 2021-12-25 0000002488 us-gaap:RetainedEarningsMember 2023-12-30 0000002488 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000002488 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-25 0000002488 us-gaap:AccumulatedOtherComprehensiveInco