Summary of Net Revenue and Operating Income (Loss) by Segment |
The following table provides a summary of net revenue and operating income (loss) by segment:
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Three Months Ended |
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Six Months Ended |
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June 29, 2024 |
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July 1, 2023 |
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June 29, 2024 |
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July 1, 2023 |
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(In millions) |
Net revenue: |
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Data Center |
$ |
2,834 |
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$ |
1,321 |
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$ |
5,171 |
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$ |
2,616 |
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Client |
1,492 |
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998 |
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2,860 |
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1,737 |
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Gaming |
648 |
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1,581 |
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1,570 |
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3,338 |
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Embedded |
861 |
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1,459 |
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1,707 |
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3,021 |
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Total net revenue |
$ |
5,835 |
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$ |
5,359 |
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$ |
11,308 |
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$ |
10,712 |
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Operating income (loss): |
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Data Center |
$ |
743 |
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$ |
147 |
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$ |
1,284 |
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$ |
295 |
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Client |
89 |
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(69) |
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175 |
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(241) |
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Gaming |
77 |
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225 |
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228 |
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539 |
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Embedded |
345 |
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757 |
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687 |
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1,555 |
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All Other(1)
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(985) |
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(1,080) |
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(2,069) |
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(2,313) |
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Total operating income (loss) |
$ |
269 |
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$ |
(20) |
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$ |
305 |
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$ |
(165) |
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(1) |
For the three and six months ended June 29, 2024, all other operating losses primarily included $603 million and $1.2 billion of amortization of acquisition-related intangibles, and $346 million and $717 million of stock-based compensation expense, respectively.
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, and $348 million and $657 million of stock-based compensation expense, respectively.
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