Advanced Micro Devices, Inc. (AMD) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to the AMD Second Quarter twenty twenty six Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. And please note that this conference is being recorded. I will now turn the conference over to Matt Ramsay, VP, Financial Strategy and IR. Thank you, Matt. You may begin. Thank you, and welcome to AMD's second quarter twenty twenty six financial results conference call. By now, you should have had the opportunity to review a copy of our earnings press release and the accompanying slides. If you have not had the chance to review these materials, they can be found on the Investor Relations page of amd.com. Today, we will refer primarily to non GAAP financial measures during the call. The full non GAAP to GAAP reconciliations are available in today's press release and slides posted on our website. As a reminder, our second quarter twenty twenty five results included approximately 800,000,000 of inventory and related charges associated with U. S. Export control restrictions on MI-three zero eight shipments to China. Unless otherwise noted, comments making year over year comparisons exclude the impact of those charges to provide a more comparable and meaningful view of our underlying business performance. Participants on today's conference call are Doctor. Lisa Su, our Chair and CEO and Jean Hu, our Executive Vice President, CFO and Treasurer. This is a live call and will be replayed via webcast on our website. Before we begin, I would like to note that AMD will participate in the following events for the financial community. KeyBank's Technology Leadership Forum on Tuesday, August 11 Citi's twenty twenty six Global TMT Conference on Tuesday, September 8 and the Gold...