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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, Baidu enters into collaboration
Monday, 28 Aug 2017 09:00am EDT 

Aug 28 (Reuters) - Advanced Micro Devices Inc :Advanced Micro Devices Inc - ‍AMD and Baidu announced a collaboration focused on optimizing software for amd radeon instinct gpus in baidu datacenters​.  Full Article

Advanced Micro Devices sees Q3 non-GAAP gross margin about 34 pct
Tuesday, 25 Jul 2017 04:20pm EDT 

July 25 (Reuters) - Advanced Micro Devices Inc :Advanced Micro Devices Inc sees Q3 non-GAAP gross margin to be approximately 34%.On a GAAP basis, revenue was $1.22 billion in Q2, up 19 percent year-over-year.Advanced Micro Devices Inc- ‍for FY 2017 we expect inventory to be down from end of 2016​.AMD now expects annual revenue to increase by a mid to high-teens percentage.Advanced Micro Devices Inc -for FY 2017 co expects capital expenditures to be approximately $140 million‍​.FY2017 revenue view $4.82 billion -- Thomson Reuters I/B/E/S.  Full Article

AMD Q2 loss per share $0.02
Tuesday, 25 Jul 2017 04:15pm EDT 

July 25 (Reuters) - Advanced Micro Devices Inc :AMD reports second quarter 2017 financial results.Q2 loss per share $0.02.Q2 revenue $1.22 billion versus i/b/e/s view $1.16 billion.Q2 earnings per share view $-0.00 -- Thomson Reuters I/B/E/S.Advanced Micro Devices Inc qtrly gross margin was 33 percent, up 2 percentage points year-over-year.Qtrly ‍computing and graphics segment revenue was $659 million, up 51 percent year-over-year​.Qtrly ‍enterprise, embedded and semi-custom segment revenue was $563 million, down 5 percent year-over-year​.Advanced Micro Devices Inc says for Q3 of 2017, amd expects revenue to increase approximately 23 percent sequentially, plus or minus 3 percent.Q3 revenue view $1.39 billion -- Thomson Reuters I/B/E/S.  Full Article

AMD reports Q1 loss per share $0.08
Monday, 1 May 2017 04:15pm EDT 

May 1 (Reuters) - Advanced Micro Devices Inc :AMD reports first quarter 2017 financial results.Q1 revenue $984 million versus I/B/E/S view $984.4 million.Q1 loss per share $0.08.Q1 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Advanced micro devices -qtrly enterprise, embedded, and semi-custom segment revenue was $391 million, up 5 percent year-over-year.Advanced Micro Devices Inc- on a GAAP basis, qtrly gross margin was 34 percent, up 2 percentage points year-over-year and sequentially.Advanced Micro Devices Inc- for Q2 of 2017, amd expects revenue to increase approximately 17 percent sequentially, plus or minus 3 percent.Advanced Micro Devices Inc Qtrly computing and graphics segment revenue was $593 million, up 29 percent year-over-year and down 1 percent sequentially.Advanced Micro Devices Inc sees FY 2017 capital expenditures of approximately $140 million, including capitalization of production mask sets beginning q1 2017.Advanced Micro Devices Inc sees full year 2017 revenue to increase low double digit percentage year over year.Advanced Micro Devices Inc sees Q2 non-GAAP gross margin to be approximately 33%.Advanced Micro Devices -sees full year 2017 capital expenditures of about $140 million, including capitalization of production mask sets beginning q1 2017.FY 2017 revenue view $4.74 billion -- Thomson Reuters I/B/E/S.Q2 revenue view $1.12 billion -- Thomson Reuters I/B/E/S.  Full Article

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

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U.S. bond funds, tech stocks attract huge inflows: Lipper

NEW YORK U.S.-based taxable-bond funds took in $7 billion during the latest week, the largest weekly intake since July, adding to an already strong year for debt against the backdrop of a rate-hiking cycle, Lipper data showed on Thursday.