Tom O'Malley
Analyst, Barclays
Replay available
Advanced Micro Devices, Inc. (NASDAQ: AMD) Q4 2025 earnings conference call, held 2026-02-03. Replay captured from the company's public earnings webcast.

Analyst, Barclays
Analyst, Goldman Sachs
Analyst, TD Cowen
Analyst, UBS
VP of Financial Strategy, NIR
Chair and CEO
Executive Vice President, CFO, and Treasurer
Analyst, Deutsche Bank
Analyst, Melius Research
Analyst, Bank of America
Analyst, Morgan Stanley
Analyst, Cantor
Analyst, Wells Fargo
Analyst, Marine Research
Greetings, and welcome to the AMD fourth quarter and full year 2025 conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. And please note that this conference is being recorded. I will now turn the conference over to Matt Ramsey, VP of Financial Strategy, NIR. Thank you. You may begin. Thank you and welcome to AMD's fourth quarter and 2025 full-year financial results conference call. By now, you should have had the opportunity to review a copy of our earnings press release and accompanying slides. If you have not had the opportunity 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 on the call. The full non-gap-to-gap reconciliations are available in today's press release and in the slides posted on our website. Participants in today's conference call are Dr. Lisa Su, our Chair and CEO, and Gene 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 Mark Papermaster, Executive Vice President and CTO, will present at Morgan Stanley's TMT conference on Tuesday, March 3rd. Today's discussions contain forward-looking statements based on our current beliefs, assumptions, and expectations, speak only as of today, and as such involve risks and uncertainties that could cause actual results to differ materially from our current expectations. Please refer to the cautionary statement in our press release for more information on factors that could cause actual results to...