$Advanced Micro Devices (AMD.US)$ | AMD Q4 2023 Earnings Hig...

$Advanced Micro Devices (AMD.US)$ | AMD Q4 2023 Earnings Highlights:
🔹 Revenue: $6.2B (Est. $6.13B) 🟢
🔹 Adj. Oper. Margin: 23% (Est. 23.2%) 🔴
🔹 R&D Expenses: $1.51B (Est. $1.52B) 🟢
🔹 Capex: $139M (Est. $120.8M) 🔴
🔸 Q1 Outlook: Sees Q1 Rev: $5.1B TO $5.7B (Est. $5.77B) 🔴
Segment Breakdown:
🔹 Data Center Revenue: $2.28B (YOY increase of 38%, Est. $2.3B) 🔴
🔹 Gaming Revenue: $1.37B (YOY decrease of 17%, Est. $1.25B) 🟢
🔹 Client Revenue: $1.46B (YOY increase of 62%, Est. $1.51B) 🔴
🔹 Embedded Revenue: $1.06B (YOY decrease of 24%, Est. $1.06B) 🟡
🔹 Adjusted Gross Margin: 51% (Same as previous year, Est. 51.5%) 🔴
🔹 Free Cash Flow: $242M (YOY decrease of 45%, Estimate $1.73B) 🔴
🔹 Adj. Oper. Income: $1.41B (Est. $1.43B) 🔴
Executive Statements:
🔸 CFO Jean Hu: "Executed well in 2023 despite mixed demand environment; drove YOY growth in Data Center and Embedded segments and successfully launched AMD Instinct MI300 GPUs for a strong product ramp in 2024."