Segment Reporting (Tables)
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12 Months Ended |
Dec. 30, 2023 |
Segment Reporting [Abstract] |
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Schedule of Segment Reporting Information, by Segment |
The following table provides a summary of net revenue and operating income (loss) by segment for 2023, 2022 and 2021.
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Year Ended |
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December 30, 2023 |
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December 31, 2022 |
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December 25, 2021 |
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(In millions) |
Net revenue: |
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Data Center |
$ |
6,496 |
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$ |
6,043 |
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$ |
3,694 |
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Client |
4,651 |
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6,201 |
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6,887 |
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Gaming |
6,212 |
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6,805 |
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5,607 |
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Embedded |
5,321 |
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4,552 |
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|
246 |
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Total net revenue |
$ |
22,680 |
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$ |
23,601 |
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$ |
16,434 |
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Operating income (loss): |
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Data Center |
$ |
1,267 |
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$ |
1,848 |
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$ |
991 |
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Client |
(46) |
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1,190 |
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2,088 |
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Gaming |
971 |
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953 |
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934 |
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Embedded |
2,628 |
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2,252 |
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44 |
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All Other |
(4,419) |
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(4,979) |
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(409) |
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Total operating income |
$ |
401 |
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$ |
1,264 |
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$ |
3,648 |
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The following table provides items included in All Other category:
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Year Ended |
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December 30, 2023 |
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December 31, 2022 |
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December 25, 2021 |
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(In millions) |
Operating loss: |
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Stock-based compensation expense |
$ |
1,384 |
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$ |
1,081 |
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$ |
379 |
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Acquisition-related and other costs |
258 |
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452 |
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42 |
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Amortization of acquisition-related intangibles |
2,811 |
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3,548 |
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— |
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Licensing gain |
(34) |
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(102) |
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(12) |
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Total operating loss |
$ |
4,419 |
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$ |
4,979 |
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$ |
409 |
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Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area |
The following table summarizes sales to external customers by geographic regions based on billing location of the customer:
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Year Ended |
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December 30, 2023 |
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December 31, 2022 |
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December 25, 2021 |
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(In millions) |
United States |
$ |
7,837 |
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$ |
8,049 |
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$ |
4,656 |
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Japan |
4,629 |
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4,177 |
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2,381 |
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China (including Hong Kong) |
3,417 |
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5,207 |
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4,096 |
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Singapore |
2,231 |
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1,380 |
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1,389 |
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Europe |
2,030 |
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1,773 |
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1,249 |
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Taiwan |
1,841 |
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2,369 |
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2,091 |
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Other countries |
695 |
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646 |
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572 |
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Total sales to external customers |
$ |
22,680 |
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$ |
23,601 |
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$ |
16,434 |
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Schedule of Revenue by Major Customers by Reporting Segments |
The following table summarizes sales to major customers that accounted for at least 10% of the Company’s consolidated net revenue for the respective years:
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Year Ended |
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Segment |
December 30, 2023 |
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December 31, 2022 |
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December 25, 2021 |
Customer A |
Gaming |
18 |
% |
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16 |
% |
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14 |
% |
Customer B |
Client |
* |
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* |
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11 |
% |
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Summary of Property and Equipment by Geographic region |
The following table summarizes Property and equipment, net by geographic areas:
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December 30, 2023 |
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December 31, 2022 |
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(In millions) |
United States |
$ |
1,143 |
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$ |
1,102 |
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Singapore |
144 |
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132 |
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India |
86 |
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67 |
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Canada |
84 |
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80 |
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Ireland |
46 |
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48 |
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China |
42 |
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42 |
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Other countries |
44 |
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42 |
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Total property and equipment, net |
$ |
1,589 |
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$ |
1,513 |
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