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How did AMD do in Q3 2023?
Looking at some of the GAAP raw numbers.
AMD released their Q3 financials with positive improvements.
That’s a 17% increase in gross profits.
There were a few other loss areas but none that amounted to an overall huge loss.
as seen by the increase of 17% GAAP and 7% non-GAAP gross profits.
How is AMD’s financial outlook for quarter 4 2023?
A quick Bing search shows the company’s shares have dropped quite a bit since the announcement.
AMD expects the company to earn about $6.1 billion, plus or minus $300 million.
They also expect the Non-GAAP gross margin to be around 51.5%.
