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AMD CES 2022: Ryzen 6000, 3D VCache, 6000S graphics, and more

AMD’s CES 2022 keynote speech kicked off the year’s biggest tech show with a bang. With Nvidia and Intel firmly in its sights, AMD brought the big guns to bear and debuted new 3D VCache gaming processors, expanded Radeon 6000M and 6000S mobile graphics, a new 6500 XT graphics card, and a massive expansion of AMD’s FidelityFX Super Resolution technology.

Ryzen 3D VCache CPUs

Ryzen 7000 zen 4 cpus preview, new rx 6000m and 6000s gpus, ryzen 6000 mobile cpus, rx 6500 xt desktop graphics, radeon super resolution.

There was even a sneak peak of what AMD’s upcoming Zen 4 CPUs will be capable of.

Here’s everything AMD announced at CES 2022.

AMD hasn’t said much about its new cache technology since it originally teased it in the middle of 2021. However, following the stellar success of Intel’s new Alder Lake processors , AMD needs something to tide it over until Zen 4 debuts later this year. That’s 3D VCache, and it’s coming to a refreshed line of Ryzen 5000 processors in the spring in the form of a new chip: The Ryzen 7 5800X3D . AMD calls it the world’s fastest gaming processor.

The technology effectively involves stacking a whole new level of cache of top of existing CPU designs, giving them as much as triple the L3 cache. Considering how much Ryzen processors love extra memory bandwidth, the extra onboard cache goes a long way in improving performance, particularly in gaming.

AMD claims that this design change alone will make the new 5800X3D as much as 36% faster than the previous AMD gaming king, the 5900X, but notably faster than Intel 12900K in some games, too. That’s a huge performance jump considering the traditional 5800X was previously more competitive with the 12600K.

Although these performance jumps aren’t revolutionary, they are a big intergeneration evolution of the Ryzen 5000 range, which already holds its own against even Intel’s hot new Alder Lake processors.

It should be enough to give AMD a performance edge in some games while we await its next-generation Zen 4 designs later this year.

AMD ended its announcement with its most anticipated product. Ryzen 7000 processors based on AMD’s new Zen 4 architecture will be the most significant CPU release since the original Ryzen processors debuted in 2017. It marks the end of AMD’s long-standing AM4 socket, a change to land grid array (LGA) rather than pin grid array (PGA) — where the pins are in the socket, rather than on the chip — and added support for DD5 memory and PCI Express 5. On top of that, the processors themselves will move down to the smaller TSMC 5nm process node, from the 7nm node that’s been in use since Ryzen 3000 processors. The whole architecture has been redesigned to deliver unprecedented performance.

Although we’ll need to wait until later this year to see more concrete evidence of how well these new chips perform, AMD did showcase an exciting example of just how fast they’ll be. In a live demonstration of a Ryzen 7000 CPU running Halo Infinite , AMD confirmed the CPU’s cores all running at 5GHz. That’s a first for stock AMD desktop CPUs, and shows that AMD is continuing to push the boundaries of what its processors can do.

AMD’s RDNA 2, RX 6000 graphics cards have proved hotly competitive with Nvidia’s best on both desktop and mobile, but the whole range has felt a little limited in terms of options. AMD is now expanding its 6000M range of mobile GPUs with new top-tier, midrange, and entry-level GPUs. The RX 6850M XT at the top end is 7% faster than the existing 6800M, while the 6650M XT and 6650M offer up to a 20% performance improvement over the 6600M.

AMD is also introducing new 6500M and 6300M mobile GPUs, which offer excellent competition for Nvidia’s entry-level mobile graphics chips by reportedly more than doubling performance over the popular MX 450.

Expanding AMD’s graphics card lines further is a new 6000S series of GPUs that are designed to drive high-performance gaming in thinner and lighter gaming laptops .

These include the 6800S, 6700S, and 6600S. AMD wasn’t forthcoming about the raw performance numbers of these GPUs, but claims that they should be able to deliver 100 frames per second (fps) at max settings at the top end, and over 80 fps at high-settings at the more modest end. Resolutions and specific games weren’t shared, so it’ll be interesting to see just what this new range of power-efficient GPUs will be capable of — especially if paired with AMD’s new Ryzen 6000 series mobile processors.

With Ryzen 5000 getting a 3D VCache refresh on the desktop, laptops are getting a lot of love in 2022 as well, but in a very different way. The new range of Ryzen 6000 mobile processors will launch with new laptops starting in February, and will feature a new Zen 3+ core design based on TSMC’s 6nm process, RDNA 2 onboard graphics, DDR5 and LPDDR5 memory, and support for Wi-Fi 6e and USB 4 technologies.

The new Zen 3+ cores can reach up to 5GHz, leading to an impressive 30% performance increase in raw CPU performance, and AMD claims the onboard RDNA 2 GPU offers as much as a 100% uplift in graphical performance over previous Vega designs. This can allegedly deliver a real-world performance increase of 100% in some games with a Ryzen 7 6800U, versus the previous-generation 5800U, and more than double the performance in 3D rendering.

The onboard GPU is allegedly capable of outperforming not only Intel’s best onboard graphics, but also low-level Nvidia dedicated GPUs, like the MX450. Although you’ll still want a dedicated graphics chip for higher-detail gaming, AMD laptops sporting the new 6000-series APUs should be fantastically affordable gaming machines, without the need for a dedicated GPU. That opens up the potential for even thinner and lighter gaming laptop designs.

AMD also laid claim to these being the first APUs that can perform hardware-accelerated ray tracing without any need for a dedicated GPU. Although there aren’t many games that’ll offer good frame rates with ray tracing with onboard graphics, the fact that the CPU can even run it at all is impressive.

Battery efficiency is also said to be far greater with this generation, making it possible to run AMD laptops for up to 24 hours on a single charge for the first time.

As with all major announcements, we’ll need to see real-world performance from third parties before taking any of this as gospel, but AMD promised at least 20 upcoming designs from major manufacturers in the near future, so watch this space for upcoming Digital Trends reviews of many of these exciting new laptops .

Back in the desktop arena, AMD also announced a new class of entry-level gaming graphics card , the 6500 XT. This expands the existing RX 6000 range of GPUs with a more affordable and accessible 1080p GPU. Designed to replace aging designs like the RX 570 and 580, and compete with Nvidia’s entry-level GTX 16-series cards, the 6500 XT will reportedly deliver above 60 fps at high-settings in most modern AAA games.

It does this with an unprecedented 2.6GHz game clock speed, and is built on the 6nm process node, helping it deliver impressive performance in a compact and affordable GPU.

The 6500 XT goes on sale on January 19, starting at $199.

Radeon Super Resolution is an evolution of AMD’s existing FidelityFX Super Resolution technology. Set to debut in an upcoming driver release in the first few months of 2022, it will let users apply FSR-like upscaling to thousands of games. You’ll be able to adjust the resolution down in-game, and FSR will be automatically applied to improve visual fidelity while letting you take advantage of the performance enhancement of rendering at a lower resolution.

This could be a huge boon to those playing with older-generation AMD and Nvidia graphics cards , which can’t make use of Nvidia’s more capable deep learning super sampling (DLSS), or simply can’t run some modern games because their GPU just isn’t fast enough. FSR has proved a capable upscaling technology for improving performance and bringing it to an exhaustive range of games, and it could have a huge impact on gaming performance for everyone.

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It's no secret that AMD's 3D V-Cache CPUs top the list of the best gaming processors, but the new Ryzen 7 7800X3D puts AMD shoppers in a precarious position. As you can read in our Ryzen 7 7800X3D review, it tops the charts in gaming performance even if it takes a backseat in productivity power. Is that gap enough to justify spending more on the Ryzen 9 7950X3D?

Even with around $300 separating the Ryzen 7 7800X3D and Ryzen 9 7950X3D, the performance gap between them is much closer than their prices would suggest. I threw them both on my test bench to see if spending up is worth it, and there's a clear answer -- the Ryzen 7 7800X3D is the CPU to buy. Two different tiers

AMD launched the Ryzen 7 5800X3D in 2022, bringing the world's first processor with 3D V-Cache to market. It remains one of the best gaming CPUs available in 2023, offering credible competition to AMD's Ryzen 7000 series and Intel's Raptor Lake processors. It's no longer alone, though, with newer Ryzen 7000-series 3D VCache CPUs poised to offer even greater gaming performance.

With AMD's latest Ryzen 7000 generation now launched, here's everything you need to know about 3D V-Cache. What is AMD 3D V-Cache?

The AMD Ryzen 9 7950X3D and Intel Core i9-13900K are undoubtedly two of the best processors you can buy, but they aren't equal. We threw both of the CPUs on the test bench to answer the age-old question: is AMD or Intel better?

Based on our testing, the Ryzen 9 7950X3D wins this bout, mostly on the back of the excellent gaming performance AMD's 3D V-Cache technology brings. Intel's Core i9-13900K still holds up, particularly in productivity apps, but Team Red takes the win this time around. Pricing and availability

How to watch AMD's August 2022 event

AMD has a major Zen 4 event on August 29, 2022

AMD CEO Dr. Lisa Su holding up a Ryzen 7000-series prototype during AMD's CES 2022 keynote

AMD announced a brand new event called “together we advance_PCs,” in which the company will unveil its next-generation tech and products. The event will feature prominent AMD executives like Chair and CEO Dr. Lisa Su and CTO Mark Papermaster, and will be held in person and livestreamed.

As was predicted and then officially confirmed by the CEO, this presentation will be detailing the upcoming Zen 4 architecture, which is expected to power the brand new AMD Ryzen 7000 series , and there will also be more information on the new AM5 platform, built around the DDR5 and PCIe 5.0 technologies.

All in all, this is expected to be quite the event giving us more information on what will surely be some of the best processors around once the 7000 series launches, possibly as soon as the end of September , as well as other announcements on new tech.

As such, here’s the scoop on when the event is happening and how to watch it. We also have some predictions as to what we’ll expect to see during the livestream.

When is the AMD event?

AMD’s “together we advance_PCs” event takes place on Monday, August 29th and, unfortunately, it’s scheduled at pretty inconvenient times for many viewers (and not a few TechRadar writers), but don’t worry, we’ll still be covering it in person and remotely.

The main event will kick off at 4PM PST / 7PM EST / 12AM BST, so an extra apology to those living in the UK. Luckily we’ll have all the coverage you need right here so feel free to sleep tight and catch up with all the news in the morning.

If you can stay up, this event is sure to feature an interesting and impressive breath of new products, so it should be worth tuning in. Here’s how to watch the AMD event.

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How to watch AMD's Advance_PCs event

AMD will be streaming the full event on its official YouTube channel, making for easy viewing. However, as of now, it hasn’t uploaded the direct livestream link, so we've embedded AMD's YouTube channel for your convenience, and we'll update the feed with the event channel when it goes live.

Once AMD updates its channel and adds the direct streaming link, we’ll be sure to update with that video. We’ll also be liveblogging the event as it unfolds, so make sure to tune in to that as well.

A few hours after the show ends, AMD will have a full replay of the stream available on its official website .

Our AMD event predictions

AMD has been pretty clear about which products and new tech it’ll unveil during the event. We already know that the company will be showcasing the Zen 4 architecture powering the Ryzen 7000 series — with lots of speculation around the AMD Ryzen 9 7900X, Ryzen 9 7950X, Ryzen 7 7700X, and Ryzen 5 7600X models. Most likely, we’ll get a demonstration of what these processors are capable of in a variety of tasks including gaming.

It’s also been confirmed that we’ll see an unveiling of the AM5 platform built around DDR5, PCIe5, and other technologies. Since this particular tech is focused on desktop PCs, there might even be a demonstration of its capabilities.

The company might also talk more about its vertical chip stacking technology that allows AMD to "stack" cache memory on the processor die, creating additional L3 cache for boosted performance in gaming and server processes. This technology is at odds with Team Blue’s big.LITTLE architecture (Team Red even openly mocking it), so it would make sense for AMD to promote it more.

Named by the CTA as a CES 2023 Media Trailblazer, Allisa is a Computing Staff Writer who covers breaking news and rumors in the computing industry, as well as reviews, hands-on previews, featured articles, and the latest deals and trends. In her spare time you can find her chatting it up on her two podcasts, Megaten Marathon and Combo Chain, as well as playing any JRPGs she can get her hands on.

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AMD CES 2022 Event to Highlight Ryzen 3D V-Cache, Radeon Updates

AMD's answer to Alder Lake, plus new entry-level GPUs?

CES 2022 is just a few weeks away, and AMD will be on-hand to discuss the latest products in the pipeline. So naturally, CEO Dr. Lisa Su will headline AMD’s “ 2022 Product Premiere ,” which will kick off on January 4th, 2022, at 10 am EST. AMD didn’t go into great detail when announcing the event, other than to say that Su will “highlight innovations and solutions featuring upcoming AMD Ryzen processors and AMD Radeon graphics.”

To the first point, AMD needs a powerful counterpunch to Intel’s 12th generation Alder Lake family of processors. The Core i9-12900K easily wrested the crown from AMD’s Ryzen 5000 family in gaming benchmarks , and the Core i7-12700K is no slouch either at an even lower price point. Rumors suggest that AMD will release a Zen 3 refresh featuring its new 3D V-Cache technology as an intermediary step between current Zen 3 and next-generation Zen 4 families.

AMD confirmed that Zen 3-based Ryzen processors with 3D V-Cache would enter production later this year, which means that TSMC is likely cranking them out by now. While current Ryzen 5000 processors top out at 64MB of L3 cache, 3D V-Cache enables an additional 64MB of 7nm SRAM cache atop the core complex die (CCD). With this arrangement, AMD tripled the maximum amount of L3 cache from 64MB to 192MB.

According to AMD’s calculations, a Ryzen 9 5900X with 3D V-Cache can deliver up to a 15 percent uplift in gaming performance (on average) at 1080p resolution. That could give AMD the ammunition it needs to battle the Core i9-12900K and Core i7-12700K. Still, we’ll need to assess real-world performance from our suite of productivity and gaming benchmarks (and not just AMD-selected apps), alongside expected price bumps over existing Ryzen 5000 processors.

Right now, the Ryzen 9 5950X and Ryzen 9 5900X carry MSRPs of $799 and $549, respectively, compared to $589 and $409 for the Core i9-12900K and Core i7-12700K. 3D V-Cache will likely only widen the price delta between AMD and Intel’s enthusiast-class processors.

Regarding graphics cards, we expect to hear a lot more about AMD’s entry-level Radeon RX 6400 and Radeon RX 6500 XT RDNA 2 graphics cards. According to a recent leak from the Eurasian Economic Commission (ECC), both graphics cards will come with 4GB of GDDR6 memory. This should be sufficient for playing modern games at 1080p with moderate levels of eye candy enabled. These cards will likely go head-to-head with NVIDIA’s GeForce RTX 3050 , which is also rumored to make its debut at CES 2022.

Other possibilities for a CES 2022 launch from AMD include Ryzen 6000 “Rembrandt” processors, which are rumored to pair Zen 3 CPUs with RDNA 2 GPUs. These processors will likely find their way into gaming laptops and eventually OEM desktop PCs from the usual suspects like Lenovo and Hewlett-Packard. It’s uncertain if AMD will shed much (if any) light on its upcoming Zen 4 processor and RDNA 3 GPU families at the event. Both are scheduled to employ TSMC’s 5nm process node and should prove to be formidable competition to Intel and NVIDIA, respectively.

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Brandon Hill is a senior editor at Tom's Hardware. He has written about PC and Mac tech since the late 1990s with bylines at AnandTech, DailyTech, and Hot Hardware. When he is not consuming copious amounts of tech news, he can be found enjoying the NC mountains or the beach with his wife and two sons.

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wifiburger That zen3 refresh better have good prices. Am I the only one that find it ridiculous we're up to 192mb of cache on AMD to compete with 20mb of cache on 12th gen Intel ? Reply

wifiburger said: That zen3 refresh better have good prices. Am I the only one that find it ridiculous we're up to 192mb of cache on AMD to compete with 20mb of cache on 12th gen Intel ?

hotaru.hino said: Adding more cache to improve speed of a current gen architecture is much cheaper than creating a new architecture.

spongiemaster said: If adding gigantic amounts of cache to a CPU was a cost effective way of adding performance, it would have been done years ago in place of better architectures.

a Ryzen 9 5900X with 3D V-Cache can deliver up to a 15 percent uplift in gaming performance (on average) at 1080p resolution. That could give AMD the ammunition it needs to battle the Core i9-12900K and Core i7-12700K.

wifiburger said: Am I the only one that find it ridiculous we're up to 192mb of cache on AMD to compete with 20mb of cache on 12th gen Intel ?

hotaru251 said: better have the cache and not need it than have the need for it but not have it. and it alone can give up to 15% gaming performance proves its useful.

3D V-Cache will likely only widen the price delta between AMD and Intel’s enthusiast-class processors.

TerryLaze said: Also you have to keep in mind that if this cache actually does work and gives good improvements all around then intel can do the same thing very easily and very fast, intel already did something similar with broadwell and now they do have foveros so the only thing stopping them is that they don't yet need to do it.

Also it's 15% average of a grand total of 5 games, that's all AMD has shown, ...with the worst case only giving 4% more performance, what if the worst case is going to be the case most of the times?

Also it's 15% at locked 4Ghz which means that it could be that the final difference compared to normal 5xxx is going to be smaller, depending on how much power the cache takes away from the cores and how it will influence the heat dissipation.

TerryLaze said: It's going to have the same problem as 12th gen, there are no GPUs that will show the difference...Zen3d will catch up on games that they are behind but it's going to be really hard to find any game where it will be any faster, because of the GPUs.

TerryLaze said: And it's still going to be more expensive than intel, even if AMD keeps the prices at the same level as the versions without the cache it's still going to be too expensive.

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Everything we learned at AMD's Computex 2022 keynote

More details were given on the Ryzen 7000 Zen 4 processors

AMD at Computex 2022 gave us our next long-awaited look at both the AMD Ryzen 7000 Series desktop CPUs and the AM5 socket as a whole. Things look incredibly promising, and while no specific launch date was announced, we now know to expect AMD's next generation of processing hardware in Fall 2022. This roughly places the release date between September and December of this year, which is consistent with rumors and prior speculation ahead of the event.

Dubbed the 'world's first 5nm PC processor', the Ryzen 7000 series is set to be the smallest and most powerful chipset line on the market, with Zen 4 CPU core chiplets in 5mn. The physical CPU shown off at the event included a larger 6mn I/O die which includes integrated AMD RDNA 2 graphics, advanced low-power architecture, and, perhaps most crucially, the DDR5 and PCIe 5.0 controller.

While we've endeavored to bring you everything we know about Ryzen 7000 series , having confirmation of the key features, and physical demos of the hardware, was certainly reassuring. We're bringing you everything we learned at AMD's Computex 2022 event as it happened on everything from the new processors, motherboards, and advancements made in the gaming laptop space.

What we learned about Ryzen 7000 Zen 4 processors

Built upon Zen 4 Core architecture, the Ryzen 7000 series will be significantly faster and more power efficient than what's been possible throughout the previous generation running on the AM4 socket. It's now been confirmed that the Ryzen 7000 series will utilize 1MB per core L2 cache, 2x that of the Ryzen 5000 line, with a single-thread uplift of up to 15%, and max boost clock speeds of upwards of 5.0 GHz.

Having now given our first proper look at the Ryzen 7000 series, the unit of which ran on 8 Zen 4 cores, we can expect that this new CPU line will be incredibly fast thanks to the bandwidth afforded by PCIe 5.0. What's more, with DDR5 support, there's a very strong chance that AMD can surpass Alder Lake as the best CPUs for gaming with all that's been demonstrated, but we won't know that for certain until the chipsets are released later this year.

These are some impressive numbers, sure, but the proof comes down to gameplay performance after all. Fortunately, the Keynote concluded with a gameplay demo of Ghostwire Tokyo running on an as-of-yet unspecified 16-core Ryzen 7000 Zen 4 CPU, clocked at 5.5 GHz. If we were to speculate, this model could very well be the equivalent to the Ryzen 9 5950X (16-cores; 32-threads) in terms of performance, potentially a Ryzen 9 7950X, though no such title was given.

A far better visual example in our opinion could be found in the time-lapsed demo from Blender with the unmarked AMD Ryzen 7000 series CPU competing against, and beating, the Intel Core i9-12900K. It was claimed that the Ryzen 7000 series CPU completed the process 31% faster than Intel's current flagship chipset. That's impressively quick, and a great demonstration of multi-core hardware rendering in action.

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As for how this translates to differences in gameplay performance, that has yet to be seen.

Here's what we learned about AM5 Motherboards

Socket AM5 infrastructure features a 1718 pin LGA socket, with support for up to 170W TDP, DDR5, and PCIe 5.0. What's sure to be a welcome addition for many PC gamers is the confirmed compatibility for Socket AM4 coolers, so you won't need to splash out on proprietary new gear to keep the upcoming processor generation cool. Alder Lake runs on LGA 1700, so it remains to be seen what AMD's slightly larger processors can do in terms of increased performance power.

There are 24 PCIe 5.0 lanes used for both storage and graphic, and support for up to 14 SuperSpeed USB 3.2 (20Gbps) and Type-C for modern I/O connectivity. On that front, AM5 socket motherboards are confirmed to include WiFi 6E (support for 6Ghz band wireless) and up to 4 HDMI 2.1 and DisplayPort 2 ports.

Three levels of AM5 motherboards to suit consumer needs. This begins with the B650 (budget boards with PCIe 5.0 storage capabilities), X670 (which have support for enthusiast-level overclocking as well as PCIe 5.0 storage and graphics), and X670E Extreme (features the most extensive overclocking capabilities and PCIe 5.0 across the board). Some flagship AM5 motherboards were shown off by the likes of AsRock, Asus , Biostar, Gigabyte, and MSI, with a particular focus on the X670E models.

We've known about AM5 for some time now, and a new socket was long overdue considering the transition from 7nm to 5nm. AM4 has been used for several of AMD's processor lines, including the 3000 series and 5000 series, so the change was certainly needed to push next-gen performance in 2022.

What does PCIe 5.0 on AM5 socket mean for SSDs?

Perhaps the most exciting development with the AM5 socket is support for what the company claims to be the 'world's first Gen 5 NVMe drives'. This means that the best SSDs will only get faster, far exceeding the 8,000 MB/s sequential performance cap of what's currently possible through Gen 4.0. A few names that were confirmed to be delivering Gen 5 NVMe SSDs to Socket AM5 include Asus, Corsair , Sabrent, PNY, and Crucial, with Phison's logo also present (makers of the E18 controller).

During AMD's Computex presentation, it was stated that we can expect a projected increase of up to 60% faster sequential read speeds. No specific rates were given, however, judging that Gen 4.0 tops out at about 8,000 MB/s, though no consumer drive to date has hit this limit, we could be seeing sequential performance as high as 12,800 MB/s in the next coming years. Verbally confirmed was that Crucial and Micron will be launching Gen 5 drives alongside the launch of the AM5 socket.

This is consistent with the jump from Gen 3 to Gen 4, with a rough 61% performance increase between the generations. Gen 3 was capable of up to 3,500 MB/s, and we're seeing current-gen drives nearly double that in 2022, so the future remains bright and incredibly fast.

AMD Gaming Laptop announcements

More AMD Ryzen 6000 laptops are coming

With over 72 laptops being confirmed to be in development or launching on the Ryzen 6000 platform, AMD has confirmed its continued development into the field of ultrabook notebooks. Zen 3+ architecture looks to offer up to 45% faster 3D graphics through RDNA 2 architecture, as well as up to 27% faster 3D rendering and as much as 18% faster for office production tasks with the U-series.

Several ultrabooks, including that of the Lenovo Yoga Slim 7 Pro X, had their entry-level 1080p gaming performance benchmarks published. According to the statistics, the RNDA 2-enabled machine could run the likes of Shadow of the Tomb Raider and Final Fantasy XIV at 59 FPS and 64 FPS respectively in Full HD. No specifics were given as to settings, but we can assume that AMD SuperResolution (A.I. upscaling tech) was used where possible. While unlikely to blow anyone away, these numbers go to show that even non-gaming laptops are capable of pumping out more than playable numbers.

AMD "Mendocino" APU coming to budget laptops

AMD announced a new APU named "Mendocino" which has been made to occupy the budget space in the laptop world in machines priced between $399 and $599. Launching in Q4 2022, this new APU runs on the same 6nm technology as the Ryzen 6000 mobile chipsets with up to 4-cores (8 threads) on the Zen 2 framework. The largest difference between Mendocino and prior entry-level AMD mobile processors is the jump to RDNA 2 integrated graphics instead of the tried-and-true Vega line, and LPDDR5 memory.

What does this mean for cheap gaming laptops ? It's hard to quantify at this point. However, with supported confirmed for LPDDR5 RAM and RDNA 2 graphics, you're going to have a faster time of things than before. Spec'd out with a quad-core system, these are far from your pocket powerhouses, but should provide longer battery lives and more efficient day-to-day performance in the entry-level space.

You can find more from AMD with the best graphics cards , and gear up for PCIe 5.0 with the best RAM for gaming and best gaming monitors .

Aleksha McLoughlin served as the Hardware Editor for GamesRadar from June 2021 until August 2022. Her main area of expertise was the PC gaming platform, which comprised buying guides, features, reviews, and news coverage on components and prebuilt machines. She was also responsible for gaming chairs and storage. She now works on a freelance basis while studying to become a university lecturer specializing in English for foreign territories. Prior to joining GamesRadar, she wrote for the likes of Expert Reviews, The Rory Peck Trust, No Clean Singing, Vinyl Chapters, and Tech Spark while also working with the BBC.

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Summary of AMD's CES 2022 Presentation

Today CES 2022 in Las Vegas began, and AMD was the first to come to the fore to show its technological innovations for the future. These include new desktop and mobile CPUs and new entry-level graphics cards.

Table of Contents

Ryzen mobile, CPUs for laptops and notebooks

AMD's first announcement at CES 2022 is for the Ryzen 6000 Series Mobile, a series of notebook CPUs with higher performance and better battery management. They are part of the Updated Zen3 + CPU family, designed to optimize the performance per watt of notebooks. It is not just a matter of efficiency improvements as the integrated graphics will be of RDNA2 quality on GPUs. They will be manufactured using TSMC's 6nm process. They will be compatible with DDR5 memory, USB4 Wi-Fi 6E, USB 4.0, PCI Express Gen4, and will reach speeds of 5Ghz.

For notebooks, battery consumption has been improved with battery performance managers, which mean that a laptop with a Ryzen 6000 can spend up to 24 hours playing videos on a single charge. In general, it lowers power consumption when using web browsing and video streaming, being the most popular and consuming actions in notebooks.

They have also developed the CPUs with gaming and content creation laptops in mind. They are more efficient in rendering video and have support for hardware Raytracing, along with Fidelity FX Super resolution and Microsoft DirectX 12 Ultimate. With this they promise that it will be ideal for playing 1080p games on a notebook. Many of the most demanding modern titles hit 60s steadily.

The launch date will be in February of this year, when the first models begin to arrive. The first commercial products with the Ryzen 6000 Series mobile will be Lenovo's Thinkpad Z, Acer Nitro, ROG Zephyrus G14, Alienware m17 R5, HP Elitebook 845 and 865 G9, Lenovo Legion 5 Pro and Razer Blade 14. In total, a few 200 notebooks based on 20 different models

New AMD Radeon GPUs shown at CES 2022

At least 22 games will team up this year to use AMD's Fidelity FX Super Resolution technology. They have confirmed new portable GPUs with the RX 6000S series. This series includes the RX 6800S and RX 6700S capable of reaching 100 FPS, the RX6600 capable of reaching 80, and the M series expands with the RX 6850M XT, RX 6650M XT, RX 6650M, RX 6500M and RX 6300M, designed with a greater speed than its counterparts “without M”,

In the field of mid-range graphics, they have announced the entry-level 6500XT GPU with 2,6 GHz base clock, 16 CU and RA and 16 MB for Infinity Caché. One will cost about $ 200 and will be available in stores on January 19.

Radeon Super Resolution software coming to AMD suite

Under the name Radeon Super Resolution, this rescaling software will be available in the AMD Adrenaline suite. It will ask us to lower the native resolution of the game and the software will automatically rescale it. It is designed to work in all games and thus increase the rate of frames per second without having to upgrade the graphics card. Coming to the AMD Adrenaline Suite this quarter.

3D V-Caché comes to home CPUs

3D V-Cache from AMD reaches the market CPus. AMD's Lisa Su announced at CES 2022 that 3D V-Cache will be coming to commercial CPU models, with the Ryzen 7 5800 x3D being the first commercial processor to have these features. This CPU will have 8 cores, 16 threads, a better at 0,6 GHz and a 3 MB 64D cache, along with 32 MB of 2D cache. It will hit the M4 motherboards already on the market this spring.

Zen 4 closes CES 2022 from AMD

AMD's latest announcement at CES 2022 is the Zen 5 architecture, built in 5nm on the AM5 platform. It will be compatible with DDR5 memory, PCIe Gen 5, and will use the LGA socket. The first processors to have it will be the Ryzen 7000. A test made with Halo Infinite shows that it is capable of moving Halo Infinite in 1080 using only the integrated graphics of Zen 4. They will arrive in the second half of this year and hopefully we will give more details throughout the year.

Benjamin Rosa

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PC Gaming /

How to watch AMD’s next-gen RDNA 3 GPU event

Amd is promising ‘groundbreaking’ improvements with its rdna 3 architecture and next-gen radeon gpus. here’s how to watch today’s live event..

By Tom Warren , a senior editor covering Microsoft, PC gaming, console, and tech. He founded WinRumors, a site dedicated to Microsoft news, before joining The Verge in 2012.

Share this story

It’s November 3rd, which means it’s RDNA 3 day. AMD is ready to unveil its next line of powerful GPUs to the world in a livestream that promises “the next generation of AMD graphics” powered by AMD’s RDNA 3 architecture. After months of teases and a Ryzen 7000 CPU launch, we’re about to see how AMD will compete with Nvidia’s RTX 40 series.

Leaks have already shown at least one of the Radeon 7000 GPUs we’re expecting to see today, showing what’s likely the RX 7900 (successor to the current RX 6900). AMD has already said it won’t be using the new 12VHPWR connectors that are found on Nvidia’s RTX 40-series cards, which have caused some controversy, with owners of RTX 4090 cards reporting the power cables melting or burning . Nvidia says it’s investigating the reports, which come after weeks of reliability concerns around bending the cables or adapters.

Rumors suggest we might see AMD’s chiplet CPU design arrive on its gaming GPUs, alongside 20GB or more of GDDR6 memory on the top line of RDNA 3 cards.

The Verge will be reporting live from AMD’s event in Las Vegas, but the showcase will also be livestreamed for everyone to tune in. Here’s how you can watch AMD’s event from wherever you are.

When does the AMD event start?

The AMD event is set to begin November 3rd at 1PM PT / 4PM ET.

Where can I watch the AMD event?

A livestream for the AMD event will be available on AMD’s YouTube channel and AMD’s Twitch channel. We’ve also embedded AMD’s livestream above. If you can’t make it in time, a recording of the event is usually available right afterward on YouTube.

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AMD to Hold a Hardware Event for Ryzen 7000 CPUs on August 29

The ryzen 7000 series was previously teased at ces and computex this year..

AMD has announced a new hardware event for the end of August, where the company plans to unveil its next-generation PC products. The presentation will air on Monday, August 29 at 4 pm PT / 7 pm ET.

In a new press release, AMD notes that the presentation will focus on its upcoming Ryzen 7000 processors . AMD originally teased the Ryzen 7000 series during its keynote presentation at CES earlier this year , where the company confirmed the Ryzen 7000 line will support its new Zen 4 architecture built with TSMC's 5nm process.

Join us on Aug. 29 at 7 p.m. ET for “together we advance_PCs,” a livestream premiere to unveil the next generation AMD PC products. • Read the press release: https://t.co/n76RbJDMz0 • Watch on the AMD YouTube Channel: https://t.co/wo5iHJ7sJy pic.twitter.com/mc7CjoFdvM — AMD Ryzen (@AMDRyzen) August 16, 2022

The next-gen Ryzen chips are also confirmed to use a new AM5 socket and will support PCIe Gen 5 and DDR5 RAM. Important to note, that the next-gen Ryzen processors will only support DDR5, unlike Intel's Alder Lake CPUs , which support both DDR4 and DDR5 RAM.

At this year's Computex, AMD shared more info on the next-gen Ryzen CPUs, which included confirmation that the chiplets will have integrated RDNA 2 graphics. As a refresher, RDNA 2 is the graphical architecture that found in AMD's Radeon RX 6000 series graphics cards , in addition to the PS5 , Xbox Series X / S , and the Steam Deck .

With a Ryzen-focused hardware event scheduled for later this month, AMD will likely share more information on specs, pricing, and when these new chips will release. We know that the company previously said that the Ryzen 7000 line would launch sometime in the second half of 2022.

Taylor is the Associate Tech Editor at IGN. You can follow her on Twitter @TayNixster .

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AMD Announces Radeon RDNA 3 GPU Livestream Event for November 3rd

Following on the heels of AMD’s CPU-centric event back in August, AMD today has sent out a press release announcing that they will be holding a similar event in November for their Radeon consumer graphics business. Dubbed “together we advance_gaming”, the presentation is slated to be all about AMD Radeon, with a focus on the upcoming RDNA 3 graphics architecture and all the performance and power efficiency benefits it will bring. The event is set to kick off on November 3 rd at 1pm PT (20:00 UTC), with undisclosed AMD executives presenting details.

Like the Ryzen event in August, next month’s Radeon event appears to be AMD gearing up for the launch of its next generation of consumer products – this time on the GPU side of matters. Back at the start of the summer, AMD confirmed that RDNA 3 architecture products were scheduled to arrive this year , so we have been eagerly awaiting the arrival of AMD’s next generation of video cards.

Though unlike AMD’s CPU efforts, the company has been far more mum about its next-gen GPU efforts. So details in advance on what will presumably be the Radeon RX 7000 series have been limited. The biggest items disclosed thus far are that AMD is targeting another 50% increase in performance-per-watt, and that these new GPUs (Navi 3x) will be made on a 5nm process (undoubtedly TSMC’s). Past that, AMD hasn’t given any guidance on what to expect for performance.

One interesting aspect, however, is that AMD has confirmed that they will be employing chiplets with this generation of products. To what extent, and whether that’s on all parts or just some, remains to be seen. But chiplets are in some respects the holy grail of GPU construction, because they give GPU designers options for scaling up GPUs past today’s die size (reticle) and yield limits. That said, it’s also a holy grail because the immense amount of data that must be passed between different parts of a GPU (on the order of terabytes per second) is very hard to do – and very necessary to do if you want a multi-chip GPU to be able to present itself as a single device.

We’re also apparently in store for some more significant upgrades to AMD’s overall GPU architecture. Though what exactly a “rearchitected compute unit” and “optimized graphics pipeline” fully entail remains to be seen.

Thankfully we should have our answer here in two weeks. The presentation is slated to air on November 3 rd at 1pm Pacific, on AMD’s YouTube channel. And of course, be sure to check out AnandTech for a full rundown and analysis of AMD’s announcements.

Source: AMD

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Advanced Micro Devices (AMD) Q3 2022 Earnings Call Transcript

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NASDAQ: AMD

Advanced micro devices.

AMD earnings call for the period ending September 30, 2022.

Image source: The Motley Fool.

Advanced Micro Devices ( AMD -1.10% ) Q3 2022 Earnings Call Nov 01, 2022 , 5:00 p.m. ET

Prepared Remarks
Questions and Answers
Call Participants

Prepared Remarks:

Hello, and welcome to the AMD third quarter 2022 earnings call. At this time, all participants are in a listen-only mode. [Operator instructions] A question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded.

It's now my pleasure to turn the call over to Ruth Cotter. Please go ahead, Ruth.

Ruth Cotter -- Senior Vice President, Worldwide Marketing, Human Resources, and Investor Relations

Thank you, and welcome to AMD's third quarter 2022 financial results conference call. By now, you should have had the opportunity to review a copy of our earnings press release and accompanying slideware. If you do not receive these documents, they can be found on the Investor Relations page of amd.com. We will refer primarily to non-GAAP financial measures during this call.

The full non-GAAP to GAAP reconciliations are available in today's press release and slides, which are posted on amd.com as mentioned. Participants on today's conference call are Dr. Lisa Su, our chair and chief executive officer; and Devinder Kumar, our executive vice president and chief financial officer and treasurer. This is a live call and will be replayed via webcast on our website.

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Before we begin today, I would like to note that Mark Papermaster, chief technology officer and executive vice president, technology and engineering, will attend the Wells Fargo Technology, Media, and Telecommunications Summit on Wednesday, November 30. And our fourth-quarter quiet time is expected to begin at the close of business on Friday, December 16. Today's discussion contains forward-looking statements based on 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 the factors that could cause actual results to differ materially.

Now with that, I'd like to hand the call over to Lisa. Lisa?

Lisa Su -- President and Chief Executive Officer

Thank you, Ruth, and good afternoon to all those listening in today. Our third-quarter revenue and gross margin came in below our expectations due to softening PC demand and substantial inventory reduction actions across the PC supply chain. Despite the macro backdrop, overall revenue grew 29% year over year to $5.6 billion as our Data Center, Gaming and Embedded segments each delivered significant year-over-year growth and performed in line with our expectations. We also expanded gross margin and grew net income year over year, highlighting the strength of our business.

Turning to the business results. Starting with our Data Center segment. Revenue increased 45% year over year and 8% sequentially to $1.6 billion. We delivered our 10th straight quarter of record server processor sales, driven by strong demand for third-gen EPYC processors and initial shipments of our next-generation Genoa CPU to select customers.

Cloud revenue more than doubled year over year and increased sequentially as multiple hyperscalers expanded deployments of EPYC processors to power their internal properties and more than 70 new AMD instances were launched by Microsoft Azure and Amazon, Tencent, Baidu, and others in the quarter. In enterprise, OEM revenue was down sequentially as server OEMs continued working through match set issues, and some business load the pace or scale of their purchases based on the macro uncertainties. Looking at the broader competitive landscape, our third-gen EPYC CPUs in market today are the highest performance and most energy-efficient x86 server CPUs available. And we expect to further extend that lead with our next-generation five-nanometer Genoa processors, which deliver significant performance, energy efficiency, and TCO advantages for both hyperscale and enterprise workloads.

We will publicly launch Genoa next week and are ramping production to support initial cloud deployments and the introduction of fourth-gen EPYC processor platforms by HP Enterprise, Dell, Lenovo, Super Micro, and others. Looking at our broader data center portfolio. As expected, Data Center GPU sales were down significantly from a year ago when we had substantial shipments supporting the build-out of the Frontier exascale supercomputer. We made good progress with our Data Center GPU software enablement work in the quarter, including announcing our role as a founding member of the PyTorch Foundation.

We look forward to working closely with the largest cloud providers as we drive a standards-based approach to the development of popular PyTorch deep learning software framework. Demand from data center customers for our adaptive SmartNIC and DPU products was strong during the quarter. We had record sales of our Xilinx FPGA and networking data center products led by demand from cloud and financial customers. Sales of our Pensando DPUs also ramped significantly from the prior quarter driven by cloud adoption.

The addition of Pensando DPUs to our product portfolio has been very well received by customers, highlighted by our enterprise customer pipeline doubling in the few months since the acquisition closed. We were excited to support VMware's launch of its next-generation cloud virtualization platform in the quarter. Our Pensando DPUs will be included in the first validated server and HCI solutions, supporting the new VMware virtualization offerings from Dell, HPE, and others that will make it much easier for enterprise customers to build more performance and secure data centers powered by our industry-leading DPUs. Taking a step back, we have built significant momentum in our Data Center business as we have consistently executed our server CPU road map and expanded our solutions capabilities with the addition of the Xilinx and Pensando products to our portfolio.

We remain on track to further expand our product portfolio in 2023 with the launches of our edge and telco-optimized Siena and cloud-optimized Bergamo processors. With 128 cores and 256 threads per socket, we expect Bergamo will first end our performance and energy efficiency leadership in cloud workloads. Customer response has been very strong based on the performance, features, and software compatibility Bergamo delivers. We believe our broad family of leadership CPUs, GPUs, FPGAs, adaptive SoCs, and DPUs position us well for long-term growth and share gains in the Data Center.

Now, into our Client segment. Revenue declined 40% year over year to $1 billion. Our Client processor shipments were below PC consumption in the third quarter as we worked closely with our customers to reduce downstream inventory. Desktop channel sell-through increased from the prior quarter, driven by increased demand for our Ryzen 5000 Series CPUs and the launch of our Ryzen 7000 Series processors and AM5 platform in September.

We launched our five-nanometer Ryzen 7000 Series processors with strong reviews based on delivering leadership performance in gaming, productivity, and content creation applications. We expect Ryzen 7000 CPU sales to ramp this quarter aligned with the launches of a broader range of mainstream and enthusiast AM5 motherboards. Now, turning to our Gaming segment. Revenue increased 14% year over year to $1.6 billion as strong semi-custom sales offset a decline in gaming graphics.

We delivered our sixth straight quarter of record semi-custom SoC sales as demand for the latest game consoles remained strong and Sony and Microsoft prepare for the holiday season. Gaming graphics revenue declined in the quarter based on soft consumer demand and our focus on reducing downstream GPU inventory. We will launch our next-generation RDNA 3 GPUs later this week that combine our most advanced gaming graphics architecture with five-nanometer chiplet designs. Our high-end RDNA 3 GPUs will deliver strong increases in performance and performance per watt compared to our current products and include new features supporting high resolution, high frame rate gaming.

We look forward to sharing more details later this week. Looking at our Embedded segment. Revenue increased significantly year over year to a record $1.3 billion, driven by growth from aerospace and defense, industrial, and communications customers. Demand across our core markets remain very strong.

We had record sales to aerospace and defense and automotive customers who are increasingly using our FPGA and adaptive SoC products to enable differentiated capabilities and features in their products. Record communications market revenue was driven by growth from both wired and wireless customers. We saw a particular strength in North America led by new 5G wireless installations and expanded wired infrastructure deployments. Overall demand for our Xilinx products remains strong as we continue to leverage AMD's scale to secure additional supply to address this demand.

Longer term, we're very excited about the growth opportunities in our Embedded business. We closed multiple high-revenue design wins in the quarter with automotive, networking, emulation and prototyping, communications, and aerospace and defense customers. We're also seeing new design win opportunities and deeper engagements with many of our Embedded customers based on the expanded breadth of our adaptive SoC, FPGA, CPU, GPU, and DPU product portfolio. In summary, we are well-positioned to navigate the current market dynamics based on our leadership product portfolio, strong balance sheet, and growth in our Data Center and Embedded segments.

We have three clear priorities guiding us. First and foremost, we're focused on executing our road maps and delivering our next generation of leadership products. Second, we're building even deeper relationships with our customers as we make AMD a fundamental enabler of their success. And lastly, we remain very disciplined in how we manage the business.

We will continue to invest in our strategic priorities around the data center, embedded, and commercial markets while tightening expenses across the rest of the business and aligning our supply chain with the current demand outlook. The secular trends driving increased demand for high-performance and adaptive computing in the cloud, at the edge, and across intelligent end devices remain unchanged and provide a strong backdrop for long-term growth. Now, I'd like to turn the call over to Devinder to provide some additional color on our third-quarter financial performance. Devinder?

Devinder Kumar -- Executive Vice President, Chief Financial Officer, and Treasurer

Thank you, Lisa, and good afternoon, everyone. AMD reported third-quarter results in line with the preliminary results we announced last month. While we are pleased with the performance of our Data Center, Gaming, and Embedded segments, each of which grew significantly year over year, our third-quarter results also reflect lower-than-expected Client segment revenue. Third-quarter revenue was $5.6 billion, up 29% from a year ago.

Gross margin was 50%, up 150 basis points from a year ago, primarily driven by higher revenue in the Embedded and Data Center segments, partially offset by lower Client revenue and $160 million of inventory, pricing, and related charges in the graphics and client businesses. Operating expenses were $1.5 billion, compared to $1 billion a year ago as we continue to scale the company. Operating income was up 20% from a year ago to $1.3 billion, driven by revenue growth and higher gross margin. Operating margin was 23%, compared to 24% a year ago due to higher operating expenses.

Net income was $1.1 billion, up $202 million from a year ago. Earnings per share was $0.67 per share, compared to $0.73 per share a year ago, primarily due to lower Client segment revenue. Now, turning to our reportable segments. Starting with the Data Center segment.

Revenue was $1.6 billion, up 45% year over year, driven by strong growth in third-generation EPYC server processor revenue. Data Center operating income was $505 million or 31% of revenue, compared to $308 million or 28% a year ago. Higher operating income was driven primarily by stronger revenue, partially offset by higher operating expenses. Client segment revenue was $1 billion, down 40% year over year due to reduced process shipments resulting from a weak PC market and a significant inventory correction across the PC supply chain.

Client operating loss was $26 million, compared to operating income of $490 million or 29% of revenue a year ago, primarily due to lower revenue. Gaming segment revenue was $1.6 billion, up 14% year over year, driven by higher semi-custom product sales, partially offset by lower gaming graphics revenue. Gaming operating income was $142 million or 9% of revenue, compared to $231 million or 16% a year ago. The decrease was primarily due to lower graphics revenue and inventory pricing and related charges.

Embedded segment revenue was $1.3 billion, up $1.2 billion from a year ago, primarily due to the inclusion of Xilinx's embedded product revenue. Embedded operating income was $635 million or 49% of revenue, compared to $23 million or 30% a year ago, driven primarily by higher revenue. Turning to the balance sheet. Cash, cash equivalents, and short-term investments were $5.6 billion at the end of the third quarter.

During the quarter, we repaid the 7.5% senior notes totaling $312 million that matured in August and deployed $617 million to repurchase common stock. We have $6.8 billion in remaining authorization for stock repurchases. Cash from operations was $965 million, and free cash flow was $842 million, compared to $764 million in the same quarter last year. Inventory was $3.4 billion, up approximately $721 million from the prior quarter, driven primarily by client products and new products ramping in the second half of the year.

Now, turning to our financial outlook. Today's outlook is based on current expectations and contemplates the near-term macroeconomic environment. For the fourth quarter of 2022, we expect revenue to be approximately $5.5 billion, plus or minus $300 million, an increase of approximately 14% year over year and flat sequentially. The year-over-year growth is driven by Embedded and Data Center segments, partially offset by a decline in the Client and Gaming segments.

On a sequential basis, Embedded and Data Center segments are expected to grow, offset by declines in the Client and Gaming segments. In addition, for Q4 2022, we expect non-GAAP gross margin to be approximately 51%; non-GAAP operating expenses to be approximately $1.55 billion or 28% of revenue; non-GAAP interest expense, taxes and other to be approximately $175 million based on a 13% effective tax rate; and diluted share count to be approximately 1.62 billion shares. For the full year, we expect revenue to be approximately $23.5 billion, plus or minus $300 million, an increase of approximately 43%, led by growth in the Embedded and Data Center segments. We expect non-GAAP gross margin to be approximately 52%.

In closing, we continue to focus on executing our long-term strategy while navigating current market conditions. We will prioritize the key investments for our product road maps and long-term growth while taking several near-term cost management actions, including prudently controlling operating expenses and headcount growth while actively managing inventory in line with our revenue expectations. With that, let me turn the call over to Ruth for our Q&A session. Ruth?

Thank you, Devinder. Kevin, if you could please poll the audience for questions.

Questions & Answers:

Certainly. We will now be conducting a question-and-answer session. [Operator instructions] One moment, please, while we poll for questions. Our first question today is coming from Aaron Rakers from Wells Fargo.

Your line is now live.

Aaron Rakers -- Wells Fargo Securities -- Analyst

Yeah, thanks for taking the question. I have one question and one quick follow-up. I guess as we look at your Client piece of the business being down sequentially in the current quarter, as we work through inventory digestion at your customers, I'm curious just how you're thinking about kind of the clearing out of that inventory. Do you think we find a bottom coming out of the December quarter? Or any kind of thoughts of just that kind of full expectation of reflection of inventory in the PC market for you guys?

Yeah. Sure, Aaron. Thanks for the question. So, clearly, the PC business has been very volatile and underperformed for us in the third quarter.

I think as we go into the fourth quarter, we are guiding that -- embedded in our guidance is that PCs will be down again in the fourth quarter. We believe that that will be a significant step in clearing inventory between the third quarter and the fourth quarter. And of course, we'll monitor the macro conditions, but we'll certainly exit the year in a better place.

Yeah. And then as a quick follow-up on the service side of the business, I think in the past, you've talked about your ability to shift being somewhat supply constrained. I'm just curious if you have an update on the supply situation in the server CPU, especially as we look toward the general processor ramp in the next quarter or two.

Yeah. Sure. So, you know, on the server side, we certainly have been ramping up our overall supply. I think we've made good progress on that throughout the year.

We have more supply in Q4 than we had earlier in the year. And some of those investments are coming online here in the fourth quarter. So, we expect as we go into 2023 with the Genoa launch not to be supply constrained based on what we currently see.

Yep. Thank you.

Thank you. Next question is coming from Toshiya Hari from Goldman Sachs. Your line is now live.

Toshiya Hari -- Goldman Sachs -- Analyst

Thanks so much for taking the question. Lisa, I wanted to ask a question on the outlook for 2023, specifically in the server CPU business. I know it's early and difficult to predict. But given the supply comment that you just made, given what you're hearing from customers, both on the cloud side, as well as the enterprise side, and the ramp of your new products, how are you thinking about the positives there versus the macro, which continues to be a headwind? I think many of us have your business growing in Data Center kind of in the 20% to 30% range.

Is that a fair place to be? Or is that a little too optimistic given what you know today?

Yeah. So, it is a little bit early to talk about 2023 precisely, but maybe let me give you a backdrop of where we see the data center market today. As you said, in the near term, there are some overall macro headwinds that are affecting all markets, including the data center market. Now it varies by segment.

And so, if I go through each of the segments, what we're seeing is I think North America cloud is probably the most resilient out of the segments within the data center market, and this is where AMD is the strongest. We've had very good progress at the North America cloud vendors. And we continue to believe that although there may be some near-term, let's call it, optimization of, let's call it, individual footprints, and efficiencies at individual cloud vendors over the medium term, as we go into 2023, we expect growth in that market, particularly customers moving more workloads to AMD, just given the strength of our product portfolio and overall -- Genoa coming forward. As we look through the other segments, I think China is -- has been very weak in 2022, and we're not forecasting a significant recovery in 2023.

So, we'll see how that goes. And then on the enterprise side, I would say enterprise is probably most impacted by the macro. So, we have seen customers taking longer to make decisions and perhaps being a little bit more conservative on capex. That being said, though, we feel very good about our value proposition.

We feel very good about our product portfolio. And we believe, even in a little bit of a choppy market that we can gain share across that business. So, overall, I think our Data Center trends are good, and we need to work through the macro, as everyone does.

That's helpful. And then as my follow-up, a question on gross margins, maybe for Devinder. So, you're guiding Q4 gross margins up about 100 basis points, which is good to see, but you're still 300 basis points below where you were in Q2. And since then, obviously, Client is down significantly.

Your Data Center business is very resilient and so is the classic Xilinx business. So, from a mix perspective, you should be in a better place. What's driving down gross margins in Q4, I guess, versus Q2? Are you recognizing another inventory hit? Or is it something else? Thank you.

No inventory hit, first of all, Toshi. On the gross margin, as you said, Q2, 54%. If you go all the way to Q4, 51% primarily is the weak PC market and Client margins coming down. For example, if you look at Q3, all other businesses were in line with expectations, and Client margins came in lower.

We also have in the Data Center, a place cloud-weighted, which has lower ASPs. So, that also has an impact on margins. And then as Lisa mentioned earlier, some of the new capacity that we have from a supply standpoint, there are some additional costs from the supply capacity agreements. And those are all baked in into the Q4 51% margin guidance.

Thank you. The next question is coming from Stacy Rasgon from Bernstein Research. Your line is now live.

Stacy Rasgon -- Bernstein Research -- Analyst

Hi, guys. Thanks for taking my questions. For the first one, I wanted to ask about the extra week in Q4. How much revenue was that driving on an overall basis, as well as in Data Center specifically? Is there -- I don't know how linear those -- particularly that business is.

Is there any sort of -- is there any material impact from that extra week?

Yeah. Stacy, we're not really counting on a material impact from the extra week. I think if you look at the pluses and minuses in the quarter, the guidance for Q4 really is around sort of PCs and, let's call it, Gaming being lower. And again, those are -- with all the holidays in place, we're not counting on too much there.

And then Data Center is -- Data Center, Embedded are higher, but we're not expecting that the extra week has a material impact.

Got it. Thank you. For my follow-up, I wanted to ask about units versus pricing in Q3 and Q4. I know in Q3, you specifically mentioned pricing has an impact.

And it sounds like you're suggesting Client margins are coming down. I don't know if that's just a cost or if there's a pricing impact as well. But like what did units and pricing do in Client in Q3? And what are you expecting in Q4?

Sure, Stacy. So, I think if you look at the third quarter, it was -- there are a lot of dynamics in the Client business. So, market was weak. In particular, consumer was weak.

And we have more of a footprint in consumer. So, in that framework, we saw units come down. But we also saw ASPs come down on a sequential basis. Now, I will say that ASPs were still up on a year-over-year basis.

So, we've been, let's call it, disciplined in this pricing environment. We did see some pricing dynamics in the quarter, and we couldn't face unprofitable business. And we'll continue to be sort of watching that space. So, that was the pluses or minuses as it relates to Client ASPs.

And as we go into the fourth quarter, again, I think we're forecasting for a competitive environment given the market weakness, and that's embedded in the guide.

Got it. That's helpful. Thank you, guys.

Thank you. Next question is coming from Vivek Arya from Bank of America. Your line is now live.

Vivek Arya -- Bank of America Merrill Lynch -- Analyst

Thanks for taking my question. For the first one, I just wanted to clarify what is the client revenue we should be thinking about for Q4? Is it $800 million, $900 million? Any help there? And then, I guess, Lisa, the bigger question there is, what does client recovery look like? Do you get back to the $2 billion quarterly rate? Do you get to $1.5 billion? And I asked that because your competitor was suggesting that next year, the PC TAM would only be down 4% or 5%, which seems a little bit optimistic. What do you think AMD is kind of -- what kind of PC TAM does AMD have in mind for next year so that we get a sense for how this derisk the model is from a PC perspective?

Yeah. So, a couple of different points, Vivek. Let me just answer the sort of the expectations around Q4. I would say we're guiding, let's call it, modestly down for Client and Gaming.

And obviously, we're coming off of what is already a low base in Q3. We want to do that to correct the sort of the inventory situation as quickly as possible. And as a result, we're going to under-ship consumption again in the fourth quarter to do that. As it relates to next year, I think there are a lot of factors.

I mean, this year, PCs will be down quite a bit, let's call it, high teens, close to 20%. As we go into next year, I think the industry is calling mid-single digits. I think that would be a good case. I think we should model down to minus 10%.

And again, within our PC business, we expect as we get through this inventory correction -- I mean, we have very good products, and I feel very good about our product portfolio and very good about our platforms overall. So, I do think the PC business will recover as we go into 2023, but we'll have to work through these dynamics over the next quarter or so.

Understood. And for my follow-up, Devinder, maybe one for you on gross margins. How much of the write-offs and pricing actions that you're taking in -- that you took in Q3 and are taking in Q4? How much are they recoverable in Q1? So, let's say, hypothetically, Q1 revenue is the same as Q4 revenue. What can gross margins be? How much of the actions are recoverable? And basically, how do you start getting back to the prior trend of 54% gross margin because the longer-term target is over 57%? So, if Client revenues don't really grow that much, are there actions that can help you get back to your prior gross margin trajectory? Thank you.

Let me try to answer it this way. If you look at Q3 in and of itself, we came in with about 50% gross margin. We had $160 million of charges, which are inventory pricing and related charges. If you adjust for those, the margin for -- in Q3 is about 52%.

And we had guided to 54%. We came in at 52%. And primarily, that's due to two reasons, right? You have the Client weak PC market. And obviously, the Client margins are down.

As I said earlier, the rest of the business will perform for the expectations. We have to work through what's going on with the PC market over this quarter, next quarter, and maybe early '23, and then we come back and talk about the margins. I do feel good about the products we're introducing, especially the new products and perhaps the ability to increase margins from where we are right now, guiding 51% and then taking it up from there.

But is the $160 million recoverable? I guess that's really my question.

Those were mostly inventory rights or pricing actions we'd take. Largely, I would say, not recoverable, if that's what you're asking.

I mean, can you get back to the 52% that you would have been normalized? Like I expect if you don't take these actions in Q1, then should you be at a higher gross margin in Q1 versus Q4?

I won't guide Q1, but what I'll say is from the 51% that we have in Q4, we can improve from there.

Thank you. Next question is coming from Matt Ramsay from Cowen. Your line is now live.

Matthew Ramsay -- Cowen and Company -- Analyst

Thank you very much. Good afternoon, Lisa. At least I have one question on the Data Center segment and then a follow-up on Client. On the Data Center business, if you look back to the pre-announcement a month ago, I think there was a little bit of maybe -- you came in a little bit under where we were modeling, I'll just say that way.

And so, I got a ton of questions on that, and I was really interested in some of the comments that you made in your script about how cloud revenue still more than doubled year over year. And anyway, just confirming that I got that right. And maybe if you could help us break down your Data Center business a little bit between the strength in cloud that I would expect to continue given the capex commentary we've heard, but there were obviously some headwinds from enterprise that you called out and clearly from HPC, both on CPU and GPU. So, I think that would be helpful to just break it down because I was surprised that that cloud revenue was as strong as it was given where the numbers came in in the quarter.

Yeah. Sure, Matt. So, for focus on the third quarter, what I would say is cloud revenue did more than double. Enterprise revenue was down.

And then on the GPU side, because we had a strong quarter in the third quarter of 2021, that was down, too. And perhaps that wasn't quite in your modeling. But the larger dynamics are, as I said earlier, the North America cloud is probably the best out of all the Data Center segments. There is some impact on macro, though.

I mean, I think everyone is aware of that, that there is a little bit of pullback in capex spending. That being the case, I think our market share is very good there, and we'll -- we expect it to continue to grow. And as the business becomes more cloud weighted -- there have been a few margin questions, so I'll just mention, as the business becomes more cloud weighted, that tends to have a little bit of downward pressure on the margin. But our goal right now is footprint and expanding our footprint across cloud and enterprise.

I will say even in a weak enterprise market as we go forward over the next few quarters, we feel really good about how we're positioned and the platform solutions that are coming out with all of our OEM partners. So, I think on a quarter-by-quarter basis, you may not get the model exactly right. But I think on a longer-term basis, I think the product portfolio and the product capabilities should help us continue to gain share.

Thank you, Lisa. That's helpful, I think, to highlight the cloud momentum continuing. I guess as my follow-up, I wanted to kind of revisit what we've learned over the last three or four months in the PC market. It's super dynamic times out there.

And obviously, things have changed in demand really, really quickly from when you guys guided back at the beginning of August until the pre-announcement. And I just kind of wanted to walk back through sort of the dynamics of how the quarter progressed from when you guys gave the original guidance. I guess, obviously, the market went down. There was inventory corrections and whatnot.

But just how quickly did you guys see that? And I guess the real question coming out of this is, how are you thinking about changes you might make in monitoring inventory levels or working with your channel partners? Just any changes you're thinking about making operationally to the business to sort of protect from this kind of thing coming and, I guess, going forward? Any color there would be really helpful.

Sure, Matt. So, yes, the third quarter, the PC market was very volatile. Going into it, we expected the market would be weak. It was weaker than we expected.

And the weakest portion of the market is a consumer market where we tend to be more heavily weighted. I think the thing that perhaps we saw in the market is we -- as the overall macro economy has also weakened, customers, in general, across the board, have just become more cautious. So, even as they were selling through their inventory, they were not replenishing stock to the same levels. And frankly, we were coming off of a supply demand imbalance where in the first half of the year, people were actually trying to gather inventory, and we had been in a supply constrained situation.

So, it is a very dynamic situation, I would say. I think that we have great partnerships across the supply chain. I feel good about the visibility that we have. I think the market will continue to be volatile, but we will -- we're all sort of biased toward reducing inventory levels so that we can better react to the market factors and the market situation.

So, hopefully, that helps a little bit.

I definitely appreciate that, Lisa. Thank you.

Next question today is coming from Joe Moore from Morgan Stanley. Your line is now open.

Joe Moore -- Morgan Stanley -- Analyst

Great. Thank you. I wonder if you could talk a little bit about your visibility in the Xilinx part of the business to the extent that we've seen some weakening in kind of broader markets here and there. But generally, it's OK.

Like can you just talk about how long your visibility extends there, how you feel about growth into next year?

Yeah. Absolutely, Joe. So, the Xilinx business, our Embedded business has been performing just extremely well. Another very strong quarter in Q3, and we have -- we see growth into the fourth quarter.

We have been very focused on what's happening within the various subsegments. I think the nice part of the business, as you know, is that it has -- it's very broad-based. So, we have seen communications was up for us. Aerospace and defense, very strong.

Automotive was also up for us here in the third quarter. We did see some weaknesses. Consumer was weak. There was some subsegments of industrial.

So, test and measurement was weaker in the third quarter. So, we do see the puts and takes there. But overall, I would say the business has strong visibility. We are still supply constrained in certain nodes and some of the legacy nodes.

We've made a lot of progress on supply. So, we're seeing additional supply come in, in Q4, and that leads us to good confidence in Q4. We expect the first half -- again, we have multiple quarters of visibility just given the lead times in that business, and we'll be watching it very carefully. But I would say overall, the products portfolio is strong, and we've also gained some share in that business as well.

Thanks very much.

Thank you. The next question today is coming from Ross Seymore from Deutsche Bank. Your line is now live.

Ross Seymore -- Deutsche Bank -- Analyst

Hi, everybody. Thanks for letting me ask a couple questions quickly here. Let me ask a couple of questions quickly here. Lisa, if you could give us a little color.

You talked about the fourth quarter being, I guess, down modestly in Client and Gaming. Can you give relatively similar color for Data Center and Embedded just because the volatility between segments, obviously, has been huge over the last couple of quarters?

Yeah. Sure, Ross. Well, since -- on an absolute level, we're talking about flattish from Q4 to Q3, 5.5 versus 5.6. So, modest decline in Client and Gaming.

Within Gaming, we would expect consoles to be down in the fourth quarter given they're coming off of Q3, which is their peak. That's offset a bit by our new graphics launch that is occurring in the next few weeks. And then as it relates to Data Center and Embedded, it's about the same, let's call it, modest plus as we go forward. We expect, again, cloud to be stronger than enterprise.

That's some of the margin dynamics that we were asking earlier. And Embedded, as we get more supply, you know, modestly up as well.

Great. That's perfect. And then as my follow-up, one for either you or Devinder. As we think about opex for next year, how do you guys philosophically balance the desire to stick to your business model that you laid out at your most recent Analyst Day versus the desire to continue to spend, continue to gain market share, put out the great new products and execute that you've done so well? Are those kind of buffers conflicting against each other? And how, if so, do you reconcile that confliction?

Yeah. I think the key thing is we continue to invest in the strategic areas, in Data Center and Embedded, and the product road maps. The macro environment has weakened, soft PCs. And we are taking actions to reduce expenses, especially in the rest of the business besides what I talked about earlier in terms of the areas of focus, and we have slowed down hiring.

So, you're right, Q4, if you look at E2R business is high, but we are very disciplined in terms of what we're going to do. Expense actions do take time to kick in. And we expect that as we go out into 2023, the E2R comes more in balance with the revenue, and we manage it in line with the revenue out in time.

Yeah. And maybe, Ross, if I'd just add on top of that. I think we have the opportunity -- we have multiple levers in opex. So, we are going to be very disciplined, as Devinder said.

That being the case, I mean, we feel very good about our strategic direction around Data Center, Embedded, and the commercial markets. So, we want to continue to invest there where we will be more conservative on the consumer-facing portions of our business, and that's how we'll manage through 2023.

Thank you. Next question is coming from Ambrish Srivastava from BMO. Your line is now live.

Ambrish Srivastava -- BMO Capital Markets -- Analyst

Thank you very much. Lisa, I wanted to come back to the PC business. There's such a big disparity between your 3Q guide and what Intel guided to or reported versus what they're guiding to in 4Q. And usually, things normalize over a longer period of time.

But I just wanted to understand, is it a case of they took their medicine earlier and AMD continued to over-ship versus demand? Just kind of help us understand. And there seems to be also a dynamic that Intel is raising pricing in 4Q. So, there was some pull-in ahead of that. And I have -- I've been getting a lot of questions myself.

I don't understand specific disparity. So, any help would be very helpful.

Yeah. Sure, Ambrish. Look, I think -- again, let me comment on our business, right? So, for our business, as we exited the first half of the year, I think we were planning for a sort of a reasonable PC market in the second half. Usually, the third quarter is higher than the first half.

And the third and the fourth quarter are seasonally higher. And so, that's what we were building to, together with our customers, by the way, with that expectation. I think the market weakness, as well as just the overall caution in the environment just caused people to behave a bit differently, and that really required us to work together with our customers on the inventory corrections. And as you said, there were some temporal sort of dynamics.

And we're aware of those temporal dynamics. Some of it is very -- sort of very aggressive pricing that we chose not to follow. And again, that's a decision that we made. And others are, as you might expect, there might be some temporal optimization that people are doing.

I don't think there's anything fundamental. I think fundamentally, our product portfolio is strong. I think we have very good platforms in place, and we'll work through this. I fully agree that it's kind of a messy market environment that we have to work through, but we will work through it.

Got it. Good. Thank you. And I had a follow-up for you, Devinder.

Just talk about capacity opening up at the foundries. And we had this conversation at the Analyst Day about the headwind to free cash flow given your need or desire to secure capacity. Is that going to temper off now -- taper off as we go through the remainder of the next few quarters as there should be more capacity that's available, plus on the PC side, you should need much less than what you needed a couple of quarters ago? Thank you.

Yeah. I mean, the capacity agreement that we were working on, which have some benefit, especially as Lisa talked about earlier in the service space, these are long-term agreements we put in place to support the growth of the business. Given the market backdrop, we work actively with our suppliers in aligning supply with timing of revenue and ramp up products. And that's something that we are able to do with our suppliers given what's happened to the market.

So, there is, from that standpoint, some flexibility overall. And that's something we'll work through over the next two to three quarters.

Thank you. Your next question is coming from Harlan Sur from JPMorgan. Your line is now live.

Harlan Sur -- JPMorgan Chase and Company -- Analyst

Good afternoon. Thanks for taking my question. In Data Center, the team continues to expand the number of compute instances with your cloud customers on Milan. It seems like the momentum is carrying up through the ramp of your fourth-generation Genoa platforms.

I think this is a very good dynamic. I assume you guys have good visibility here. So, how long does the Milan momentum continue into next year? And are your cloud customers already qualifying Genoa? And when do you expect Genoa to start to kick into high-volume ramp?

Yeah. Thanks for the question, Harlan. So, yes, look, we're very happy with our Milan sort of workload ramp. We are continuing to ramp Milan here this year and then into next year as well.

As it relates to Genoa, we did start initial shipments of Genoa to our strategic customers in the third quarter. That is continuing in the fourth quarter. So, we're ramping production in the fourth quarter. A lot of the, let's call it, the qualifications or the first instances are being qualified here in the fourth quarter into the first quarter.

And what we've said before is that Milan and Genoa are going to actually coexist for quite some time just given how competitive both are. Genoa is a new platform. It is new DDR5 and PCIe 5.0, and that takes a bit longer for people to qualify. And so, we would expect both to continue to ramp in 2023, and that's how we're planning the business.

Great. Thank you. And, you know, despite the macro concerns and, as you mentioned, some near-term workload optimization, your North American cloud customers, I mean, they're still growing their cloud services business at a strong 30%, 40% year-over-year growth rate. And I assume that these types of growth rates like the consumption of compute networking, storage workloads, and therefore, installed utilization, like this is all quite strong in driving the need to build out more compute capacity.

Is this what's driving the team's sort of strong midterm outlook for this segment? Or is it more a function of your strong product lineup with Genoa and continuing to capture greater compute share or both?

Yeah. Right, Harlan. I would say it's a little bit of both. And I think you said it well.

In the very near term, there is a little bit of optimization that each cloud vendor is doing. But in the medium term, what our customers are telling us is they need more compute. And the more compute is for additional workloads, you know, building out. It's also for upgrade of, let's call it, older compute given our new products have very strong TCO, power efficiency, given the cost of power and energy around the world.

We're actually seeing that also be a driver for some of the conversion to AMD in the cloud as we go into 2023.

Thank you, Lisa.

Thanks, Harlan.

Thank you. Next question is coming from Chris Danely from Citi. Your line is now live.

Chris Danely -- Citi -- Analyst

Thanks, guys. So, if we take the macro out of it, can you just go through your share expectations in desktop, notebook, and server, let's just say, for the next 12 months or so?

Let's see. I'm trying to think how do I take the macro out of it. So, your question is -- put the actual TAM aside and just talk about where we're going from a share standpoint? Is that your question?

Yeah. You can say relatively where you expect to gain more or less.

I got it. I got it. OK. Yeah.

I want to be responsive to the question. Well, let's start with the Data Center. I think in the Data Center, we believe that we will continue to gain share. We expect to continue to gain share in both cloud and enterprise.

We are more underrepresented in enterprise. And so, again, that's a key focus for us. But as we just stated in the last few questions, I think North America cloud, in particular, I think we see line of sight to significant new deployments based on our current road map. In the desktop and notebook business, our focus is on certain segments.

So, we're very focused on premium. We're very focused on gaming. And we're focused on commercial. I think in those areas, there are, again, opportunities for us to continue to gain share.

I think in desktop DIY business or sort of the desktop channel business, we have a strong lineup. We just launched the new Ryzen 7000 Series. We have additional products that we'll launch next year as well. And that's sort of the puts and takes in the various businesses.

Sure. And then as my follow-up, I guess, just getting back into the macros that you mentioned that ASPs are getting a little -- or at least pricing is getting a little tough on CPUs. If this downturn in PCs continues into next year and if it spreads into the data center market, how do you think of pricing going forward? And would you choose to maybe give up some share if your competitor remains aggressive on price and the environment stays difficult?

Chris, I think we're -- we have a very strong value proposition. Our strategy is not to lead on price. So, if you look at -- look in the Data Center, although price is one factor, we find price is not the leading factor in the majority of the selections. There is work for us to do in terms of workload optimization, and that's where a lot of our focus has been in the Data Center.

So, hopefully, that answers that piece. As it relates to the PC business, it is more price-sensitive. We have seen it become more price-sensitive. I think, again, where we have a strong value proposition, we will continue to be very competitive.

But even back a year ago, we didn't choose to compete in the Chrome market because, again, that was just not a profitable business for us. And so, we're going to be disciplined in ensuring that what we're taking is profitable business.

Got it. Thanks, Lisa.

Thank you. Next question is coming from Timothy Arcuri from UBS. Your line is now live.

Timothy Arcuri -- UBS -- Analyst

Hi. Thanks a lot. I had two. Lisa, first, I wanted to ask about U.S.-China trade.

And I guess the recent restrictions, they didn't seem to have too much direct impact on you, but the direction of travel seems pretty clear. And you report China as 25% of revenue, but that's sell-in. So, I'm wondering if maybe you can help us with what China is on a consumption basis and kind of how you handicap where your China TAM is going. When you're making these investment decisions, how do you think about the U.S.-China trade and the direction of travel? And I had a follow-up, too.

Yeah. Sure, Tim. So, we are certainly watching the situation very closely. Upon reviewing all of the new regulations as they have gone into effect, it is minimal impact on our revenue in the near term.

We're certainly working very closely with commerce and the rest of the U.S. government on how those are rolling out. And then I think on a medium-term basis, again, my view on these things is we will always follow the U.S. regulations and understand the need for national security.

The majority of our China business is, let's call it, non-data center. So, it's more in the PC business, as well as in some of the consumer-facing businesses. So, we are paying attention to that as we go forward in the business. But for the near term, we have not seen any significant impacts, and we'll continue to follow it very closely.

Thanks, as always. And then I guess I wanted to ask a question about PCs. So, you guided in late July, and it seemed like things were fine. And then we lost basically $1 billion basically in two months.

It would seem like those were massively weak months, and I would think that maybe there's been some improvement in the run rate when you kind of head into Q4. Does that mean inventory has sort of leaned out a little bit? I mean, the market probably only absorbed, I don't know, 58 million units in Q3. And if you annualize that, you're at 200 million units a year. It's like hard to get PCs that bad next year.

So, I'm just kind of wondering if you can comment on sort of the run rate because August and September must have been terrible months. Thanks.

The PC market certainly was volatile in the third quarter. I would say that we did drain a good amount of inventory in the third quarter. I think we are -- our guide indicates a desire to drain more in the fourth quarter, and I think we will make progress in that. And of course, it all depends on how the macro behaves over the next couple of months.

But like I said, I think we are -- we have good visibility into the various market factors, and we're planning for a weaker PC environment in the fourth quarter.

Operator, we'll take two more questions, please.

Certainly. Our next question is coming from Blayne Curtis from Barclays. Your line is now live.

Blayne Curtis -- Barclays -- Analyst

Hey, thanks for taking my question. I want to go back to just the pricing question prior. If you look at the decline in your Client business, a little over 50%, is there a way to think about units versus pricing there? And I think there's a couple of factors. I'd be curious your thoughts mix away from the high end, but then you mentioned competition, just kind of your thoughts as to that impact to pricing as well.

Yeah. So, Blayne, it was certainly more units. I think Stacy asked the question earlier. ASPs were down sequentially, but they were up year over year.

So, the decline was more driven by units, but there was an ASP factor on a sequential basis. And then in terms of what we see in the market, I would say that as the market weakened, there was sort of more pressure at the high end in terms of just velocity and desire to clear inventory. And so, the mix did mix toward lower ASPs and toward more incentives to clear that inventory. As it relates to longer term, though, I don't feel like there's a longer-term significant mix change, if that's what you were asking.

I guess the second part -- maybe I'll ask the second part is – you know, gross margins are down 100 basis points from Q3 to Q4. Mix is kind of going in your favor with Data Center and Embedded. But then I guess you're saying PCs are not down that much, so I can't -- I guess I was figuring maybe pricing is not that bad either. So, I guess that's a long way of asking, again, what's the reason for the core margins to be down 100 basis points from Q3 to Q4?

Yeah. OK. So, let me try that. So, if you think about what we see in the business, there's a couple of factors.

So, if you say, excluding the charges that we described, the $160 million in Q3, we were about 52%. We're guiding to 51%. We do see the client market continuing to be weak. We want to make sure that we have -- we do clear additional inventories.

We do see in Data Center a mix to -- when the mix is higher for North America cloud, that tends to be lower ASPs just given the environment in that business. And then Devinder mentioned that as we increase capacity, particularly in the server market, there were some -- we have some additional capacity coming online, and that has a bit of cost impact. So, those are the couple of factors that get you to the 51%.

Thank you. Our final question today is coming from Harsh Kumar from Piper Sandler. Your line is now live.

Harsh Kumar -- Piper Sandler -- Analyst

Yeah. Hey, guys. First of all, thanks for squeezing me in. Lisa, I had a question of the near-term to, call it, midterm view of the data center market.

Do you think that the data center market is inherently growing in the December quarter, the market, not AMD? And do you think -- and/or do you think you're growing because you're launching Genoa? And to that point, you talked about dislocations and sort of the cloud and the data center market. I was curious what specifically are you seeing? And if you could differentiate between -- are you seeing just slower growth, or is there inventory that's built up? And then I've got a follow-up.

Yeah. So, look, what I would say is, again, on a very discrete basis, I wouldn't say the overall data center market is necessarily up. Just given the macro impact, there is some impact on overall spending. In terms of our business, we do have a weighting toward North America cloud that tends to be sort of the most resilient part of the market.

And then as it relates to what's happening in the market, like I said, I think what's happening is -- enterprise is weak. I think that is overall people -- businesses are just being more cautious. China is weak and has been weak all year. And then in cloud, in general, there's not in general.

Every customer is a bit different in what they're trying to do. Some are just optimizing inventory, some are optimizing footprint, and then some are continuing to build. And so, I wouldn't call it a market per se. I would call it their individual instances for each customer.

What's helpful for us is -- what we're talking about is not just Q4 with our customers. We're really talking about what do they need for all of 2023. I mean, we are coming from a place where we were supply constrained. And so, we're planning for the capacity that's necessary.

And there, we see which workloads are moving and when are they moving each of the workloads. And so, that gives us some visibility into what their spending plans are for 2023.

Very helpful, Lisa. And then for my last follow-up, can you talk about the gaming market in general? Of course, September, you mentioned was the peak quarter. So, December will be off some. But is this also the peak Gaming year in 2022? And should we be thinking that Gaming will be down? Or just because these things are still so hard to get, to try to go buy PS5, you still can't get your hands on it easily.

So, do you think there's more legs left to the growth next year?

Yeah. So, Harsh, we do believe that there is still some pent-up demand, especially coming into this holiday season. So, Q3 was the peak for us this year. Q4 is down seasonally, as you might expect.

Going into next year, I think there are puts and takes. I would say the best way to model at this point is to model Gaming segment flattish. And let's see how the holiday season goes, but that would be the way we would call it at this point.

Thank you. We've reached end of our question-and-answer session. I would like to turn the floor back over for any further or closing comments.

Thanks, Kevin. Thank you, everybody, for tuning in today, and we look forward to connecting with you all throughout the quarter. And we have two important product launches coming up here in the next 10 days, so we'll look forward to that engagement. Thanks, everyone.

This concludes the call.

[Operator signoff]

Duration: 0 minutes

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AMD 2022-2024 Roadmaps the Video
Here’s all the new hardware AMD announced at CES 2022
AMD 將於 2022 年 1 月 4 日舉辦 AMD 2022 Product Premiere 線上新品發表會
Here’s all the new hardware AMD announced at CES 2022
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AMD 2022 Product Premiere
Watch CEO Dr. Lisa Su present the AMD 2022 Product Premiere on January 4th, 2022, highlighting upcoming computing and graphics solutions from AMD and its par...
AMD at Computex 2022
Watch AMD Chair and CEO Dr. Lisa Su's keynote at Computex 2022 as she shares the company's vision to advance the PC experience through next generation mobile...
AMD 2022 Product Premiere CES 2022 Livestream
Watch CEO Dr. Lisa Su present the AMD 2022 Product Premiere on January 4th, 2022, highlighting upcoming computing and graphics solutions from AMD and its par...
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Washington, D.C. - June 26th & 27th. New York City - July 10th. Mexico City - August 7th. Sao Paulo - August 15th. Toronto - September 11th. AWS Summits are a series of free online and in-person events that bring the cloud computing community together to connect, collaborate, and learn about AWS.
Investor Relations :: Advanced Micro Devices, Inc. (AMD)
For 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies for gaming, immersive platforms and the datacenter. ... 2022-23 Corporate Responsibility Report Q1 2024 Financial Results. Latest News Read Our Blogs View All News. ... Latest Presentations. Q1 2024 Earnings Presentation View ...
AMD CES 2022 Keynote: Ryzen 6000, New Radeon GPUs, and more
By Jon Martindale January 4, 2022. AMD's CES 2022 keynote speech kicked off the year's biggest tech show with a bang. With Nvidia and Intel firmly in its sights, AMD brought the big guns to ...
Financial Analyst Day :: Advanced Micro Devices, Inc. (AMD)
We are excited to host our Financial Analyst Day on Thursday, June 9, 2022. Join Chair and Chief Executive Officer Dr. Lisa Su and members of the AMD leadership team who will outline our significant growth opportunities and share updates to our corporate strategy, technology and product roadmaps, and long-term financial model targets. Presenters.
AMD Presents Latest High-Performance Computing Technologies in 2022
The AMD Advantage framework will continue to expand in 2022 with new AMD Ryzen processors and AMD Radeon graphics solutions and more than 20 new laptop designs. ... speak only as of the date of this presentation and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Such statements ...
AMD CES 2022 Product Premiere event as it happened
2022-01-04T10:26:17.451Z. We're inching ever closer to AMD's CES presentation, and not gonna lie, I'm getting pretty excited. AMD has been on a roll when it comes to its desktop CPUs, and has been ...
AMD Launches Ryzen 7000 Series Desktop Processors with "Zen 4
AMD Ryzen 7000 Series Desktop Processors. The AMD Ryzen 7000 Series once again delivers a double-digit IPC uplift over "Zen 3" 6, further solidifying a track record of innovation, execution, and delivery of the award-winning "Zen" architecture.The world's first high-performance x86 5nm CPU, the Ryzen 7000 Series ushers in the remarkable speed of "Zen 4" architecture, advancing ...
Watch AMD reveal new CPUs and graphics cards during its CES 2022
In a nutshell: AMD, Intel, and Nvidia all have their respective CES 2022 virtual presentations today (as does Samsung and Sony). Team red's Dr. Lisa Su is up first with a 7am PT / 10am ET start ...
How to watch AMD's August 2022 event
published 29 August 2022. AMD has a major Zen 4 event on August 29, 2022. (Image credit: AMD) AMD announced a brand new event called "together we advance_PCs," in which the company will unveil ...
AMD CES 2022 Event to Highlight Ryzen 3D V-Cache, Radeon Updates
So naturally, CEO Dr. Lisa Su will headline AMD's " 2022 Product Premiere ," which will kick off on January 4th, 2022, at 10 am EST. AMD didn't go into great detail when announcing the ...
AMD Details Strategy to Drive Next Phase of Growth Across $300 Billion
Access event presentations; Read more about AMD brand updates; ... 2022, by AMD Performance Labs. Power measured at CPU socket only (Watts), CPU performance ("points") measured with Cinebench R23 nT. AMD Ryzen 9 5950X System: AMD Reference X570 Motherboard, 2x8 DDR4-3200. AMD Ryzen 7000 Series: AMD Reference X670 Motherboard, Ryzen 7000 ...
Everything we learned at AMD's Computex 2022 keynote
AMD announced a new APU named "Mendocino" which has been made to occupy the budget space in the laptop world in machines priced between $399 and $599. Launching in Q4 2022, this new APU runs on ...
AMD Announces Ryzen 7000 Reveal Livestream for August 29th
The event is set to kick off on August 29 th at 7pm ET (23:00 UTC), with CEO Dr. Lisa Su and CTO Mark Papermaster slated to present. AMD first unveiled their Ryzen 7000 platform and branding back ...
Summary of AMD's CES 2022 Presentation
AMD's Lisa Su announced at CES 2022 that 3D V-Cache will be coming to commercial CPU models, with the Ryzen 7 5800 x3D being the first commercial processor to have these features. This CPU will have 8 cores, 16 threads, a better at 0,6 GHz and a 3 MB 64D cache, along with 32 MB of 2D cache. It will hit the M4 motherboards already on the market ...
How to watch AMD's next-gen RDNA 3 GPU event
Watch on. It's November 3rd, which means it's RDNA 3 day. AMD is ready to unveil its next line of powerful GPUs to the world in a livestream that promises "the next generation of AMD ...
AMD to Hold a Hardware Event for Ryzen 7000 CPUs on August 29
Posted: Aug 16, 2022 11:49 am. AMD has announced a new hardware event for the end of August, where the company plans to unveil its next-generation PC products. The presentation will air on Monday ...
AMD Announces Radeon RDNA 3 GPU Livestream Event for ...
saylick - Thursday, October 20, 2022 - link Ryan, I think you have a typo at the end of the article. You wrote that the presentation is slated to air on Nov 29th, but it clearly is for Nov 3rd.
Advanced Micro Devices (AMD) Q3 2022 Earnings Call Transcript
Advanced Micro Devices (AMD 1.72%) Q3 2022 Earnings Call Nov 01, 2022, 5:00 p.m. ET. Contents: ... [Operator instructions] A question-and-answer session will follow the formal presentation. As a ...
News & Events :: Advanced Micro Devices, Inc. (AMD)
AMD Extends Leadership Adaptive SoC Portfolio with New Versal Series Gen 2 Devices Delivering End-to-End Acceleration for AI-Driven Embedded Systems. Apr 1, 2024 • 4:15 PM EDT. AMD Recommends Rejection of "Mini-Tender" Offer from Tutanota LLC. Mar 19, 2024 • 9:00 AM EDT.
New AMD Corporate Presentation from May 2022 : r/AMD_Stock
The AMD Technology Bets (ATB) community is about all related technologies Advanced Micro Devices works on and related partnerships and how such affects its future revenues, margins and earnings, to bet on its stock long term. (This is an "unofficial" AMD site. We do not represent AMD.) ATB Daily Noticeboard - for ON and OFF Topic related chat.

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Advanced Micro Devices (AMD) Q3 2022 Earnings Call Transcript

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New AMD Corporate Presentation from May 2022

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