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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)

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

Advanced Micro Devices gives Q4 2015 revenue guidance below analysts' estimates
Thursday, 15 Oct 2015 04:15pm EDT 

Advanced Micro Devices:Expects Q4 2015 revenue to decrease 10 percent, plus or minus 3 percent, sequentially.Reported revenue of $1.06 billion in Q3 2015.Q4 2015 revenue of $996 million - Thomson Reuters I/B/E/S.  Full Article

Advanced Micro Devices partners with Oculus and Dell to Power Oculus Ready PCs
Monday, 5 Oct 2015 04:30pm EDT 

Advanced Micro Devices:Says a collaboration with Oculus and Dell to equip Oculus Ready PCs with AMD Radeon GPUs, starting at $999USD.Says the powerful PCs are designed to deliver stunning gaming performance and enable spectacular VR experiences for consumers around the world by leveraging AMD VR leadership with LiquidVR™ and Graphics Core Next architecture.  Full Article

Advanced Micro Devices Inc to cut 500 global jobs, take $42 mln charge - Reuters
Wednesday, 30 Sep 2015 08:00pm EDT 

Advanced Micro Devices Inc:Struggling chipmaker Advanced Micro Devices Inc said it would cut about 500 jobs, or 5 percent of its global workforce, as it looks to rein in costs amid weak demand for its chips used in personal computers and intense competition - Reuters.AMD said it expects to take a charge of $42 million, with $41 million of that recorded in the just-ended third quarter - Reuters.AMD said it expected savings of about $58 million in 2016 from the restructuring plan - Reuters.The restructuring includes outsourcing certain IT and application development services, the company said in a regulatory filing on Thursday - Reuters.The job cuts will take place across AMD's global operations, including Austin, Texas, and company headquarters in Sunnyvale, California, Prairie said - Reuters.AMD had about 9,700 employees at the end of last year, according to its latest annual filing from February - Reuters.  Full Article

Advanced Micro Devices and Optiolabs to offer more secure computing experience
Wednesday, 30 Sep 2015 02:00am EDT 

Advanced Micro Devices Inc:Company and Optiolabs to offer more secure computing experience.Optiolabs announces a strategic partnership with the company.As a result of the collaboration, optiolabs' privateeye will be integrated with the new amd pro a-series processor.  Full Article

Advanced Micro Devices gives Q3 2015 revenue guidance
Thursday, 16 Jul 2015 04:15pm EDT 

Advanced Micro Devices:Expects Q3 2015 revenue to increase 6 percent, plus or minus 3 percent, sequentially.Reported revenue of $942 mln in Q2 2015.Q3 2015 revenue of $1.05 billion - Thomson Reuters I/B/E/S.  Full Article

Advanced Micro Devices lowers Q2 2015 revenue guidance
Monday, 6 Jul 2015 04:15pm EDT 

Advanced Micro Devices Inc:Says revenue for Q2 2015 is expected to be lower than previously guided.Expects Q2 2015 revenue to decrease about 8 pct sequentially, compared to previous guidance of down 3 pct, plus or minus 3 pct.Sequential decrease is primarily due to weaker than expected consumer PC demand impacting company's Original Equipment Manufacturer (OEM) APU sales.  Full Article

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