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Advanced Micro Devices Inc (AMD.PH)

AMD.PH on Philadelphia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Advanced Micro Devices, units, ATI Technologies entered into 5th amendment amended and restated loan and security agreement dated April 14, 2015
Tuesday, 21 Mar 2017 05:07pm EDT 

Advanced Micro Devices Inc : Advanced Micro Devices - co, units, ATI Technologies ULC entered into fifth amendment amended and restated loan and security agreement dated April 14, 2015 . Advanced Micro Devices - fifth amendment extends total senior secured asset based line of credit maturity date from April 14, 2020 to March 21, 2022 .Advanced Micro - fifth amendment reduces amount of line of credit that will be available for issuance for letters of credit from $75 million to $45 million.  Full Article

Advanced Micro Devices sees Q1 non-GAAP gross margin to be about 33 pct
Tuesday, 31 Jan 2017 05:36pm EST 

Advanced Micro Devices Inc : Advanced Micro Devices Inc - For the full year 2017, expect "to grow annual revenue, expand gross margin and deliver non-GAAP net income" . Sees 2017 capital expenditures of approximately $80 million . Sees 2017 inventory to be down versus 2016 . Sees Q1 2017 inventory to be approximately flat versus q4 2016 .Sees Q1 non-GAAP gross margin to be approximately 33%.  Full Article

AMD reports Q4 and annual 2016 financial results
Tuesday, 31 Jan 2017 04:15pm EST 

Advanced Micro Devices Inc : AMD reports fourth quarter and annual 2016 financial results . Q4 non-GAAP loss per share $0.01 . Q4 loss per share $0.06 . Q4 revenue $1.11 billion versus I/B/E/S view $1.07 billion . Q4 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S . On a GAAP basis, qtrly gross margin was 32 percent, up 2 percentage points year-over-year . Advanced Micro Devices Inc - For Q1 2017, AMD expects revenue to decrease 11 percent sequentially, plus or minus 3 percent. .Q1 revenue view $962.7 million -- Thomson Reuters I/B/E/S.  Full Article

AMD extends strategic partnership with Mentor Graphics
Monday, 5 Dec 2016 08:00am EST 

Advanced Micro Devices Inc :Press release - AMD extends strategic partnership with Mentor Graphics for Linux-based embedded solutions.  Full Article

AMD announces early results of cash tender offers and consent
Friday, 23 Sep 2016 08:10am EDT 

Advanced Micro Devices Inc : AMD announces early results of cash tender offers and consent . Increased tender cap for tender offer for 7.50% notes from $25 million to $125 million aggregate principal amount . Has decreased aggregate maximum tender amount from $1,035 million to $848 million .Co announced that it intends to accept for purchase $795 million aggregate principal amount of notes validly tendered on or before early tender date.  Full Article

AMD announces multi-year amendment to the wafer supply agreement with GlobalFoundries
Wednesday, 31 Aug 2016 04:15pm EDT 

Advanced Micro Devices Inc : AMD announces multi-year amendment to the wafer supply agreement with GlobalFoundries . Says establishes a framework for technology collaboration between AMD and GF at 7nm technology node . Agreement sets annual wafer purchase targets from 2016 through end of 2020, fixed wafer prices for 2016, and framework for yearly wafer pricing . In partial consideration for rights, amd will make $100 million cash payment to GF, paid in installments beginning in Q4 2016 through Q3 2017 . Will make quarterly payments to GF beginning in 2017 based on volume of certain wafers purchased from another wafer foundry . Grant to West Coast Hitech L.P., a warrant to purchase 75 million shares of amd common stock at a purchase price of $5.98 per share .Expects to record a one-time accounting charge in Q3 of 2016 of about $335 million comprised of $100 million payment and $235 million value of warrant.  Full Article

Advanced Micro Devices expects 2016 capital expenditures of about $80 mln
Thursday, 21 Jul 2016 05:30pm EDT 

Advanced Micro Devices Inc : For the full year 2016, expect revenue to grow low single digit percentage year-over-year . Sees q3 gross margin to be approximately 31% . Sees q3 inventory to be approximately $700 million . Sees q3 revenue to increase 18% sequentially, plus or minus 3% . For the full year 2016, expect capital expenditures of approximately $80 million .For the full year 2016, expect inventory to be down year-over-year.  Full Article

AMD Q2 non-GAAP loss per share $0.05
Thursday, 21 Jul 2016 04:15pm EDT 

Advanced Micro Devices Inc : Amd reports 2016 second quarter results . Q2 non-GAAP loss per share $0.05 . Q2 revenue $1.027 billion versus i/b/e/s view $951.3 million . Q2 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S . Qtrly gross margin of 31 percent, down 1 percentage point sequentially . Says for q3 2016, AMD expects revenue to increase 18 percent sequentially, plus or minus 3 percent .Qtrly GAAP earnings per share $0.08.  Full Article

Advanced Micro Devices gives Q1 2016 revenue guidance
Tuesday, 19 Jan 2016 04:15pm EST 

Advanced Micro Devices:Says For Q1 2016, based on a 13 week quarter, AMD expects revenue to decrease 14 percent, plus or minus 3 percent, sequentially.  Full Article

Nantong Fujitsu Microelectronics announces stake acquisition from subsidiaries of Advanced Micro Devices
Friday, 16 Oct 2015 08:00pm EDT 

Nantong Fujitsu Microelectronics Co Ltd:To acquire 85 pct stake in a Suzhou-based company AMD Technologies (China) Co.,Ltd, from China-based subsidiary of Advanced Micro Devices, through a Nantong-based investment company.SPV (HK), subsidiary of the Nantong-based investment company, to acquire 85 pct stake in a Malaysia-based company ADVANCED MICRO DEVICES EXPORT SDN.BERHAD, from Malaysia-based subsidiary of Advanced Micro Devices.  Full Article

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BRIEF-Advanced Micro Devices, units, ATI Technologies entered into 5th amendment amended and restated loan and security agreement dated April 14, 2015

* Advanced Micro Devices - co, units, ATI Technologies ULC entered into fifth amendment amended and restated loan and security agreement dated April 14, 2015