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Segment Reporting
 12 Months Ended
Dec. 27, 2025
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, consolidated 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. In the first quarter of fiscal year 2025, the Company changed its segment structure, combining the Client and Gaming segments into one reportable segment to align with how the Company manages its business. All prior period segment data were retrospectively adjusted.
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, acquisition-related and other costs, restructuring charges, inventory loss at (recovery from) contract manufacturer and licensing gain. Acquisition-related and other costs primarily include transaction costs, certain compensation charges, contract termination costs and workforce rebalancing charges.
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 reportable operating segment, however, the Company continues to separately disclose revenue for each business.
Year Ended
December 27,
2025		December 28,
2024		December 30,
2023
(In millions)
Net revenue:
Data Center$16,635 $12,579 $6,496 
Client and Gaming
Client10,640 7,054 4,651 
Gaming3,910 2,595 6,212 
Total Client and Gaming14,550 9,649 10,863 
Embedded3,454 3,557 5,321 
Total net revenue$34,639 $25,785 $22,680 
Cost of sales and operating expenses:
Data Center
$13,032 $9,097 $5,229 
Client and Gaming
11,695 8,462 9,938 
Embedded
2,211 2,136 2,693 
All Other
4,007 4,190 4,419 
Total cost of sales and operating expenses
$30,945 $23,885 $22,279 
Operating income (loss):
Data Center$3,603 $3,482 $1,267 
Client and Gaming
2,855 1,187 925 
Embedded1,243 1,421 2,628 
All Other
(4,007)(4,190)(4,419)
Total operating income
$3,694 $1,900 $401 
The following table provides items included in All Other category:
Year Ended
December 27,
2025		December 28,
2024		December 30,
2023
 (In millions)
Operating loss:  
Amortization of acquisition-related intangibles$2,254 $2,394 $2,811 
Stock-based compensation expense1,638 1,407 1,384 
Acquisition-related and other costs228 186 258 
Restructuring charges— 186 — 
Inventory loss at (recovery from) contract manufacturer(67)65 — 
Licensing gain(67)(48)(34)
Other expense
21 — — 
Total operating loss$4,007 $4,190 $4,419 
The Company does not discretely allocate assets to its operating segments, nor does management evaluate operating segments using discrete asset information.
The following table summarizes sales to external customers by geographic regions based on billing location of the customer:
Year Ended
December 27,
2025		December 28,
2024		December 30,
2023
 (In millions)
United States$11,363 $8,693 $7,837 
China (including Hong Kong)7,751 6,231 3,417 
Taiwan5,186 3,301 1,841 
Singapore4,284 3,614 2,231 
Other regions6,055 3,946 7,354 
Total sales to external customers$34,639 $25,785 $22,680 
No customer accounted for at least 10% of the Company’s consolidated net revenue in fiscal years 2025 and 2024. One Client and Gaming segment customer accounted for 18% of consolidated net revenue in fiscal year 2023.
The following table summarizes property and equipment, net by geographic areas:
December 27,
2025		December 28,
2024
 (In millions)
United States$1,717 $1,312 
Singapore157140
Canada142104
Other countries 296246
Total property and equipment, net$2,312 $1,802