Summary of Net Revenue and Operating Income (Loss) by Segment |
The following table provides a summary of net revenue and operating income by segment:
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Three Months Ended |
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Six Months Ended |
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July 1, 2023 |
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June 25, 2022 |
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July 1, 2023 |
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June 25, 2022 |
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(In millions) |
Net revenue: |
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Data Center |
$ |
1,321 |
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$ |
1,486 |
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$ |
2,616 |
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$ |
2,779 |
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Client |
998 |
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2,152 |
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1,737 |
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4,276 |
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Gaming |
1,581 |
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1,655 |
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3,338 |
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3,530 |
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Embedded |
1,459 |
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1,257 |
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3,021 |
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1,852 |
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Total net revenue |
$ |
5,359 |
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$ |
6,550 |
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$ |
10,712 |
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$ |
12,437 |
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Operating income (loss): |
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Data Center |
$ |
147 |
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$ |
472 |
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$ |
295 |
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$ |
899 |
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Client |
(69) |
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676 |
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(241) |
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1,368 |
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Gaming |
225 |
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187 |
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539 |
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545 |
Embedded |
757 |
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641 |
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1,555 |
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918 |
All Other(1)
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(1,080) |
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(1,450) |
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(2,313) |
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(2,253) |
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Total operating income (loss) |
$ |
(20) |
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$ |
526 |
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$ |
(165) |
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$ |
1,477 |
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(1) |
For the three and six months ended July 1, 2023, all other operating losses primarily included $693 million and $1.5 billion of amortization of acquisition-related intangibles, $348 million and $657 million of stock-based compensation expense and $34 million and $145 million of acquisition-related costs, respectively.
For the three and six months ended June 25, 2022, all other operating losses primarily included $1.0 billion and $1.5 billion of amortization of acquisition-related intangibles, $292 million and $491 million of stock-based compensation expense and $141 million and $349 million of acquisition-related costs, respectively.
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