The acquisitions of Mipsology SAS and Nod, Inc. in 2023 expanded AMD's AI software capabilities to accelerate its AI growth strategy, centered on an open software ecosystem.

AMD's strategy is focused on creating and delivering high-performance and adaptive computing products across diverse markets, including data center, client, gaming, and embedded.

AMD launched multiple leadership products in 2023, including 4th Gen EPYC processors, Instinct MI300X accelerators, and new Ryzen mobile processors, demonstrating a focus on product portfolio expansion.

AMD successfully launched multiple leadership products across its business in 2023, including new CPUs, GPUs, and AI accelerators, demonstrating effective execution of its product roadmap.

Research and development expenses increased by 17% year-over-year to $5.9 billion, indicating a commitment to innovation and future growth.

Despite overall product launches, the Client segment experienced a 25% revenue decrease, indicating challenges in execution or market conditions within this segment.

AMD relies on third parties for manufacturing, and disruptions or inability to secure sufficient quantities could materially adversely affect the business.

The markets in which AMD operates are highly competitive, and the company expects this competition to intensify, which could impact market share and profitability.

AMD acknowledges that it is subject to cybersecurity risks and threats that could disrupt operations, compromise intellectual property, and cause significant damage to the business.

AMD is the market share leader in semi-custom game console products, highlighting a strong competitive position in this niche market.

AMD faces significant competition from Intel in the CPU market and from NVIDIA in the GPU market, which could limit its ability to compete effectively.

AMD expects intense competition in the AI market from companies like NVIDIA, indicating a need to maintain a competitive edge in this growing sector.

AMD's ability to meet customer demand depends on the efficiency of its supply chain, which is crucial for timely product delivery.

AMD's reliance on third-party manufacturers for wafer fabrication and assembly could lead to supply chain inefficiencies and impact operational efficiency.

AMD is continuously working on simplifying its information systems and applications through consolidation and standardization efforts, indicating a focus on operational efficiency.

AMD is focusing on designing new ICs with improved performance and performance-per-watt in advanced semiconductor manufacturing processes, demonstrating a commitment to technological innovation.

AMD develops world-class software platforms to enable high-performance products, including development tools, compilers, and drivers, indicating a focus on software innovation.

AMD has a broad technology roadmap and products targeting AI training and inference, spanning cloud, edge, and intelligent endpoints, demonstrating a commitment to AI innovation.

AMD has an approved stock repurchase program authorizing repurchases of up to $12 billion of its common stock, reflecting a commitment to return value to shareholders.

Research and development expenses increased by 17% year-over-year to $5.9 billion, indicating a focus on investing in future growth and innovation.

AMD made strategic acquisitions of Mipsology SAS and Nod, Inc. to expand its AI software capabilities, demonstrating a focus on strategic capital allocation.

AMD has publicly announced corporate responsibility goals spanning multiple topics, including environmental and social initiatives.

AMD emphasizes a diverse and inclusive workforce and encourages employees to share their opinions and different perspectives.

AMD acknowledges that compliance with environmental laws and regulations could result in additional costs and liabilities.

AMD acknowledges that uncertain global or regional economic conditions could negatively impact its business and operating results.

AMD's operations are subject to political, legal, and economic risks, as well as natural disasters, which could have a material adverse effect on its business.

Government actions and regulations, such as export regulations and trade protection measures, may limit AMD's ability to export its products to certain customers.