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Advanced Micro Devices Inc (AMD.OQ)

AMD.OQ on NASDAQ Stock Exchange Global Select Market

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14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Advanced Micro Devices Enters Into Revolving Credit Facility - SEC Filing
Monday, 10 Jun 2019 05:01pm EDT 

June 10 (Reuters) - Advanced Micro Devices Inc ::ADVANCED MICRO DEVICES INC - ON JUNE 7, ENTERED INTO AN UP TO $500 MILLION SECURED REVOLVING CREDIT FACILITY - SEC FILING.ADVANCED MICRO DEVICES INC - AS OF JUNE 7, THERE ARE NO BORROWINGS OUTSTANDING UNDER CREDIT AGREEMENT.ADVANCED MICRO DEVICES INC - REVOLVING FACILITY CONSISTS OF A $500 MILLION, FIVE-YEAR REVOLVING LOAN FACILITY.ADVANCED MICRO DEVICES-ON JUNE 7,TERMINATED,REPAID IN FULL ALL OUTSTANDING OBLIGATIONS DUE UNDER LOAN, SECURITY AGREEMENT, DATED AS OF APRIL 14, 2015.  Full Article

AMD, Samsung Announce Strategic Partnership In Ultra Low Power, High Performance Graphics Technologies
Monday, 3 Jun 2019 09:15am EDT 

June 3 (Reuters) - Advanced Micro Devices Inc ::AMD AND SAMSUNG ANNOUNCE STRATEGIC PARTNERSHIP IN ULTRA LOW POWER, HIGH PERFORMANCE GRAPHICS TECHNOLOGIES.ADVANCED MICRO DEVICES INC - SAMSUNG WILL PAY AMD TECHNOLOGY LICENSE FEES AND ROYALTIES.ADVANCED MICRO DEVICES - MULTI-YEAR STRATEGIC PARTNERSHIP IN ULTRA LOW POWER, HIGH PERFORMANCE MOBILE GRAPHICS IP BASED ON AMD RADEON GRAPHICS TECHNOLOGIES.  Full Article

Advanced Micro Devices Inc Sees 2019 Revenue Up High Single Digit Percentage Y/Y
Tuesday, 30 Apr 2019 05:18pm EDT 

April 30 (Reuters) - Advanced Micro Devices Inc ::ADVANCED MICRO DEVICES INC - SEES 2019 REVENUE UP HIGH SINGLE DIGIT PERCENTAGE Y/Y.ADVANCED MICRO DEVICES INC - SEES 2019 FREE CASH FLOW POSITIVE - PRESENTATION.ADVANCED MICRO DEVICES INC - SEES 2019 GROSS MARGIN GREATER THAN 41%.  Full Article

AMD Q1 Earnings Per Share $0.01
Tuesday, 30 Apr 2019 04:20pm EDT 

April 30 (Reuters) - Advanced Micro Devices Inc ::AMD REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $0.06.Q1 EARNINGS PER SHARE $0.01.Q1 REVENUE $1.27 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.26 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.05 -- REFINITIV IBES DATA.FOR Q2 OF 2019, AMD EXPECTS REVENUE TO BE APPROXIMATELY $1.52 BILLION, PLUS OR MINUS $50 MILLION.EXPECTS NON-GAAP GROSS MARGIN TO BE APPROXIMATELY 41 PERCENT IN Q2 OF 2019..QTRLY GPU ASP INCREASED YEAR-OVER-YEAR PRIMARILY DRIVEN BY DATACENTER GPU SALES.ADVANCED MICRO DEVICES QTRLY COMPUTING AND GRAPHICS SEGMENT REVENUE WAS $831 MILLION, DOWN 26 PERCENT YEAR-OVER-YEAR AND 16 PERCENT QUARTER-OVER-QUARTER.EXPECTS NON-GAAP GROSS MARGIN TO BE APPROXIMATELY 41 PERCENT IN Q2 OF 2019.QTRLY ENTERPRISE, EMBEDDED AND SEMI-CUSTOM SEGMENT REVENUE WAS $441 MILLION, DOWN 17 PERCENT YEAR-OVER-YEAR.  Full Article

AMD Radeon GPUS Tapped For Google Stadia
Tuesday, 19 Mar 2019 02:51pm EDT 

March 19 (Reuters) - Advanced Micro Devices Inc ::AMD RADEON™ GPUS AND DEVELOPER TOOLS TAPPED FOR NEW GENERATION GAMING PLATFORM, GOOGLE STADIA.ADVANCED MICRO DEVICES INC - GOOGLE SELECTED HIGH-PERFORMANCE, CUSTOM AMD RADEON DATACENTER GPUS FOR ITS VULKAN AND LINUX-BASED GOOGLE STADIA.  Full Article

AMD Q4 NON-GAAP Earnings Per Share $0.08
Tuesday, 29 Jan 2019 04:15pm EST 

Jan 29 (Reuters) - Advanced Micro Devices Inc ::AMD REPORTS FOURTH QUARTER AND ANNUAL 2018 FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.08.Q4 EARNINGS PER SHARE $0.04.Q4 REVENUE $1.42 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.44 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.08 -- REFINITIV IBES DATA.QTRLY GROSS MARGIN WAS 38 PERCENT COMPARED TO 34 PERCENT FOR PRIOR YEAR.FOR FY 2019, EXPECTS HIGH SINGLE DIGIT PERCENTAGE REVENUE GROWTH.SEES Q1 2019 REVENUE ABOUT $1.25 BILLION.ADVANCED MICRO DEVICES - EXPECTS NON-GAAP GROSS MARGIN TO BE GREATER THAN 41 PERCENT FOR 2019.QTRLY COMPUTING AND GRAPHICS SEGMENT REVENUE WAS $986 MILLION, UP 9 PERCENT.QTRLY ENTERPRISE, EMBEDDED AND SEMI-CUSTOM SEGMENT REVENUE WAS $433 MILLION, FLAT YEAR-OVER-YEAR.FY2019 REVENUE VIEW $6.88 BILLION -- REFINITIV IBES DATA.Q1 REVENUE VIEW $1.47 BILLION -- REFINITIV IBES DATA.ADVANCED MICRO DEVICES - EXPECTS TO RECORD $60 MILLION IP LICENSING GAIN WHICH WILL BENEFIT OPERATING INCOME, RECORDED ON LICENSING GAIN LINE OF P&L IN Q1.SEES NON-GAAP GROSS MARGIN TO BE ABOUT 41 PERCENT IN THE FIRST QUARTER OF 2019."MORE THAN DOUBLED OUR EPYC PROCESSOR SHIPMENTS SEQUENTIALLY AND DELIVERED RECORD GPU DATACENTER REVENUE IN THE QUARTER".ENTERED INTO A SEVENTH AMENDMENT TO ITS WAFER SUPPLY AGREEMENT WITH GLOBALFOUNDRIES INC.AMD - SEQUENTIAL DECREASE FOR Q1 2019 REVENUE IS EXPECTED TO BE PRIMARILY FROM CONTINUED SOFTNESS IN GRAPHICS CHANNEL AND SEASONALITY ACROSS THE BUSINESS.  Full Article

AMD Strengthens Senior Leadership Team
Friday, 25 Jan 2019 09:00am EST 

Jan 25 (Reuters) - Advanced Micro Devices Inc ::AMD STRENGTHENS SENIOR LEADERSHIP TEAM.ADVANCED MICRO DEVICES INC - AMD WILL UNIFY ALL SALES OPERATIONS UNDER DARREN GRASBY, SENIOR VICE PRESIDENT AND CHIEF SALES OFFICER.ADVANCED MICRO DEVICES INC - AMD IS PROMOTING MARK PAPERMASTER TO EXECUTIVE VICE PRESIDENT AND CTO.ADVANCED MICRO DEVICES INC - HAS HIRED SANDEEP CHENNAKESHU INTO A NEW POSITION AS EXECUTIVE VICE PRESIDENT OF COMPUTING AND GRAPHICS.ADVANCED MICRO DEVICES INC - AMD IS PROMOTING MARK PAPERMASTER TO EXECUTIVE VICE PRESIDENT AND CTO.ADVANCED MICRO DEVICES - FORREST NORROD WILL NOW HAVE RESPONSIBILITY FOR ALL AMD DATACENTER PRODUCTS ACROSS BOTH CPUS AND GPUS.  Full Article

AMD Unveils 7 nm Gaming GPU
Wednesday, 9 Jan 2019 01:02pm EST 

Jan 9 (Reuters) - Advanced Micro Devices Inc ::AMD UNVEILS WORLD'S FIRST 7NM GAMING GPU.AMD - UNVEILED AMD RADEON VII; AMD RADEON VII GRAPHICS CARD EXPECTED TO BE AVAILABLE BEGINNING FEB. 7 FOR $699 SEP USD.  Full Article

Lattice Semiconductor Appoints Jim Anderson As CEO
Monday, 27 Aug 2018 04:00pm EDT 

Aug 27 (Reuters) - Lattice Semiconductor Corp ::LATTICE SEMICONDUCTOR APPOINTS JIM ANDERSON AS CEO.LATTICE SEMICONDUCTOR CORP - APPOINTMENT OF JIM ANDERSON EFFECTIVE SEPTEMBER 4, 2018.LATTICE SEMICONDUCTOR CORP - ANDERSON JOINS LATTICE FROM ADVANCED MICRO DEVICES.LATTICE SEMICONDUCTOR CORP - GLEN HAWK TO SERVE AS SPECIAL ADVISOR TO CEO THROUGH OCTOBER 31, 2018.  Full Article

Mubadala Investment Company PJSC Reports 10.5 Pct Stake In Advanced Micro Devices As Of July 30
Thursday, 2 Aug 2018 06:37am EDT 

Aug 2 (Reuters) - Mubadala Investment: :AS OF JULY 30 - SEC FILING.AS OF AUG. 4, 2017.MUBADALA INVESTMENT SAYS ON JULY 30, SOLD 22 MILLION SHARES OF AMD COMMON STOCK TO CREDIT SUISSE SECURITIES (USA) LLC AT $19.325/SHARE IN BLOCK TRADE TRANSACTION.  Full Article

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AMD shares rise on mobile graphics tie-up with Samsung

Chipmaker Advanced Micro Devices shares rose 7 percent in early trading on Monday after the company announced a deal with Samsung Electronics Co Ltd that could allow it to better compete with Nvidia Corp.