AMD · 10-Q · 2026Q2 · Full report

Export Controls / Regulatory Risk

ADVANCED MICRO DEVICES INC · 2026-08-05 · Importance 54 · Surprise 76

AMD reported that the prior-year period included inventory and related charges associated with the U.S. government export control on AMD Instinct MI308 Data Center GPU products. The absence of those charges contributed to the 14-percentage-point year-over-year increase in second-quarter gross margin and supported higher Data Center operating income. Management also identified the extent of the impact of U.S.-imposed export restrictions as a continuing uncertainty for the business.