v3.26.1
Segment Reporting
 3 Months Ended
Mar. 28, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Management, including the Chief Operating Decision Maker (CODM), who is the Company’s Chief Executive Officer, reviews and assesses operating performance using segment net revenue, cost of sales and operating expenses, and operating income (loss). These performance measures include the allocation of expenses to the reportable segments based on management’s judgment. The CODM is regularly provided segment operating income to assess relative segment performance.
The Company’s three reportable segments are:
•the Data Center segment, which primarily includes Artificial Intelligence (AI) accelerators, microprocessors (CPUs) for servers, graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), AI Network Interface Cards (AI NICs), Field Programmable Gate Arrays (FPGAs) and adaptive System-on-Chip (SoC) products for data centers;
•the Client and Gaming segment, which primarily includes CPUs, APUs, chipsets for desktops and notebooks, discrete GPUs, and semi-custom SoC products and development services; and
•the Embedded segment, which primarily includes embedded CPUs, APUs, FPGAs, System on Modules (SOMs), and adaptive SoC products.
From time to time, the Company may also sell or license portions of its IP portfolio.
In addition to these reportable segments, the Company has an All Other category, which is not a reportable segment. This category primarily includes certain expenses and credits that are not allocated to any of the reportable segments because the CODM does not consider these expenses and credits in evaluating the performance of the reportable segments. This category primarily includes amortization of acquisition-related intangibles, employee stock-based compensation expense and acquisition-related and other costs. Acquisition-related and other costs primarily include certain compensation charges and transaction costs.
The following table provides a summary of net revenue, cost of sales and operating expenses, and operating income (loss) by segment. Segment cost of sales and operating expenses primarily include materials, external manufacturing, labor and marketing and advertising costs, and exclude expenses and credits that are recorded within the All Other category. Each of the Client and Gaming businesses do not qualify as a separate reportable operating segment, however, the Company continues to separately disclose revenue for each business.
Three Months Ended
March 28,
2026		March 29,
2025
(In millions)
Net revenue:
Data Center$5,775 $3,674 
Client and Gaming
Client2,885 2,294 
Gaming720 647 
Total Client and Gaming3,605 2,941 
Embedded873 823 
Total net revenue$10,253 $7,438 
Cost of sales and operating expenses:
Data Center
$4,176 $2,742 
Client and Gaming
3,030 2,445 
Embedded
535 495 
All other1,036 950 
Total cost of sales and operating expenses
$8,777 $6,632 
Operating income (loss):
Data Center$1,599 $932 
Client and Gaming575 496 
Embedded338 328 
All other (1)
(1,036)(950)
Total operating income
$1,476 $806 
(1)
For the three months ended March 28, 2026, all other operating losses primarily included $551 million of amortization of acquisition-related intangibles, and $487 million of stock-based compensation expense, respectively.

For the three months ended March 29, 2025, all other operating losses primarily included $567 million of amortization of acquisition-related intangibles, and $364 million of stock-based compensation expense, respectively.