an embarrassed speech

[yuhan]

He stood up and proceeded to give an embarrassed speech.
Does it mean "He stood up and began to give a speech in an embarrassed manner"?
Thanks.

[Raymott]

He stood up and proceeded to give an embarrassed speech.
Does it mean "He stood up and began to give a speech in an embarrassed manner"?
Thanks.

Yes, and it's common to use this sort of construction.
It's true that the speech wasn't embarrassed. He was.
Compare:
She let out a terrified scream. (The scream wasn't terrified. She was.)