What caused AMD's tax expenses volatility in 2023?

AMD's tax expenses volatility in 2023 was primarily due to **Intel's dominance and aggressive practices** and **global economic uncertainty**, which affected AMD's business and financial performance, including its tax obligations. 1. **Intel's Dominance and Aggressive Practices**: AMD's strategy to compete in the microprocessor market is impacted by Intel's dominance and aggressive business practices. Intel's market leadership puts pressure on AMD to innovate and grow quickly, which can lead to increased expenses as the company invests in research and development to keep pace with Intel's advancements. 2. **Global Economic Uncertainty**: The global semiconductor industry is sensitive to economic conditions, and uncertainty in the market can lead to fluctuations in demand and prices. This volatility can affect AMD's revenue and, consequently, its tax expenses. For example, if demand for AMD's products decreases due to economic uncertainty, the company may experience lower revenue and potentially lower tax expenses as a result of reduced profits. In summary, AMD's tax expenses volatility in 2023 was primarily due to the impact of Intel's dominance and aggressive practices on AMD's business and the global economic uncertainty that affects the semiconductor industry.