As of Q4'25, AMD's latest reported operating expenses show R&D Expenses at USD 2.33B and SG&A Expenses at USD 1.2B, marking the highest levels in the observed period. This reflects a continued commitment to research and development, alongside a notable increase in selling, general, and administrative costs. From Q1'23 to Q4'25, both R&D and SG&A expenses have demonstrated a steady upward trend, with R&D Expenses rising from USD 1.41B to 2.33B and SG&A Expenses increasing from USD 585M to 1.2B. The growth accelerates particularly after Q1'25, indicating heightened investment and operational scaling. This persistent increase suggests AMD is intensifying its focus on innovation and expanding its business operations over the covered period.