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Advanced Micro Devices Inc (AMD.OQ)

AMD.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

AMD delivers semi-custom graphics chip for new Intel processor
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Advanced Micro Devices Inc :AMD delivers semi-custom graphics chip for new Intel processor.Advanced Micro Devices Inc - ‍It designed a semi-custom GPU that will be integrated into a new Intel multi-chip processor package​.Advanced Micro Devices Inc - ‍Intel expects new chip to launch in Q1 of 2018​.  Full Article

AMD sees Q4 adj gross margin to be about 35 pct‍​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Advanced Micro Devices Inc :Advanced Micro Devices Inc sees Q4 non-GAAP gross margin to be approximately 35 pct‍​.Advanced Micro Devices Inc sees FY 2017 capital expenditures to be approximately $140 million.Advanced Micro Devices Inc sees Q4 inventory to be down versus Q3 2017.  Full Article

AMD reports Q3 earnings per share $0.07
Tuesday, 24 Oct 2017 

Oct 25 (Reuters) - Advanced Micro Devices Inc :AMD reports third quarter 2017 financial results.Q3 earnings per share $0.07.Q3 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.Q3 revenue $1.64 billion versus I/B/E/S view $1.51 billion.Advanced Micro Devices Inc qtrly ‍ non-GAAP earnings per share $ 0.10​.Advanced Micro Devices Inc qtrly ‍ enterprise, embedded and semi-custom segment revenue was $824 million, approximately flat year-over-year​.Advanced Micro Devices Inc - ‍for Q4 of 2017, amd expects revenue to decrease approximately 15 percent sequentially, plus or minus 3 percent​.Advanced Micro Devices Inc - ‍on a GAAP basis, qtrly gross margin was 35 percent, up 30 percentage points year-over-year​.Advanced Micro Devices Inc qtrly ‍computing and graphics segment revenue was $819 million, up 74 percent year-over-year​.  Full Article

Globalfoundries says Tesla has not committed to working with co on autonomous driving technology
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - Globalfoundries::Globalfoundries says "Tesla has not committed to working with us on any autonomous driving technology or product".Globalfoundries says CEO Sanjay Jha's comments at Globalfoundries' GTC event "were not reported accurately".  Full Article

Mubadala Development Company reports 14.8 pct stake in Advanced Micro Devices - SEC filing
Monday, 6 Mar 2017 

Mubadala Development Company PJSC: Mubadala Development Company PJSC reports 14.8 percent stake in Advanced Micro Devices Inc as of March 3, 2017 - SEC filing .Mubadala Development Co PJSC previously reported 27.26 percent stake in Advanced Micro Devices Inc as of September 2, 2016 - SEC filing.  Full Article

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

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 announces early results of cash tender offers and consent
Friday, 23 Sep 2016 

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 

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 

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 

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

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