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Advanced Micro Devices Inc (AMD.OQ)

AMD.OQ on NASDAQ Stock Exchange Global Select Market

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20 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Mubadala Investment Co PJSC Reports 4.9% Passive Stake In Advanced Micro Devices Inc
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Mubadala Investment Co PJSC::MUBADALA INVESTMENT CO PJSC REPORTS 4.9% PASSIVE STAKE IN ADVANCED MICRO DEVICES INC AS OF AUG 13, 2019 - SEC FILING.  Full Article

AMD Posts Q2 EPS Of $0.03
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Advanced Micro Devices Inc ::AMD REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.08.Q2 EARNINGS PER SHARE $0.03.Q2 REVENUE $1.53 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.52 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.08 -- REFINITIV IBES DATA.QTRLY GROSS MARGIN WAS 41 PERCENT, UP 4 PERCENTAGE POINTS YEAR-OVER-YEAR.FOR Q3 OF 2019, AMD EXPECTS REVENUE TO BE APPROXIMATELY $1.8 BILLION, PLUS OR MINUS $50 MILLION.FOR FULL YEAR 2019, AMD NOW EXPECTS REVENUE TO INCREASE A MID-SINGLE DIGIT PERCENT OVER 2018.AMD EXPECTS NON-GAAP GROSS MARGIN TO BE APPROXIMATELY 43 PERCENT IN THE THIRD QUARTER OF 2019..AMD EXPECTS NON-GAAP GROSS MARGIN TO BE APPROXIMATELY 42 PERCENT FOR 2019..ADVANCED MICRO DEVICES - COMPUTING AND GRAPHICS SEGMENT REVENUE WAS $940 MILLION, DOWN 13% YEAR-OVER-YEAR AND UP 13% QUARTER-OVER-QUARTER..FOR FY, REVENUE EXCLUDING SEMI-CUSTOM IS EXPECTED TO GROW ABOUT 20% YEAR OVER YEAR..ADVANCED MICRO DEVICES - QTRLY ENTERPRISE, EMBEDDED AND SEMI-CUSTOM SEGMENT REVENUE WAS $591 MILLION, DOWN 12% YEAR-OVER-YEAR AND UP 34% SEQUENTIALLY..  Full Article

Advanced Micro Devices Sees Positive FY Free Cash Flow
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Advanced Micro Devices Inc ::ADVANCED MICRO DEVICES - SEES FY FREE CASH FLOW TO BE POSITIVE - PRESENTATION.  Full Article

Advanced Micro Devices Enters Into Revolving Credit Facility - SEC Filing
Monday, 10 Jun 2019 

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 

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 

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 

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 

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 

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 

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

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