AMD Q2 Non-GAAP Gross Margin 50%, Down From 54% YoY
Portfolio Pulse from Benzinga Newsdesk
AMD's Q2 non-GAAP gross margin was reported at 50%, a decrease from 54% year-over-year.
August 04, 2023 | 10:28 am
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AMD's Q2 non-GAAP gross margin has decreased from 54% to 50% year-over-year.
Gross margin is a key profitability metric for investors. A decrease in gross margin could indicate rising costs or falling prices, which could negatively impact profitability and thus the stock price.
CONFIDENCE 90
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RELEVANCE 100