snixee
2023-06-08

$Advanced Micro Devices(AMD)$ Those margin charts are based on GAAP, which really distorts the story with wacky one offs that don't affect AMDs real income/cash. That spike to 50% was a claimed tax credit. And the plunge in the last few quarters are primarily due to all the write-offs of IP and the value of shares used to buy Xilinx when the purchase closed. Those GAAP effects don't reflect true income/losses.

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