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Advanced Micro Devices Inc (AMD.OQ)

AMD.OQ on NASDAQ Stock Exchange Global Select Market

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19 Feb 2019
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Latest Key Developments (Source: Significant Developments)

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

AMD Unveils 7 nm Gaming GPU
Wednesday, 9 Jan 2019 

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 

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 

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

Advanced Micro Devices Q2 Earnings Per Share $0.11
Wednesday, 25 Jul 2018 

Advanced Micro Devices Inc ::AMD REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.14.Q2 EARNINGS PER SHARE $0.11.Q2 REVENUE $1.76 BILLION VERSUS I/B/E/S VIEW $1.72 BILLION.Q2 EARNINGS PER SHARE VIEW $0.13 -- THOMSON REUTERS I/B/E/S.FOR Q3 OF 2018, AMD EXPECTS REVENUE TO BE APPROXIMATELY $1.7 BILLION, PLUS OR MINUS $50 MILLION.FOR Q3 OF 2018, AMD EXPECTS NON-GAAP GROSS MARGIN TO INCREASE TO APPROXIMATELY 38 PERCENT.Q3 REVENUE VIEW $1.76 BILLION -- THOMSON REUTERS I/B/E/S.ADVANCED MICRO DEVICES QTRLY COMPUTING AND GRAPHICS SEGMENT REVENUE WAS $1.09 BILLION, UP 64 PERCENT YEAR-OVER-YEAR AND DOWN 3 PERCENT QUARTER-OVER-QUARTER.QTRLY ENTERPRISE, EMBEDDED AND SEMI-CUSTOM SEGMENT REVENUE WAS $670 MILLION, UP 37 PERCENT YEAR-OVER-YEAR.QTRLY GROSS MARGIN GREW TO 37 PERCENT, UP 3 PERCENTAGE POINTS YEAR-OVER-YEAR.  Full Article

Advanced Micro Devices Says On June 26, Board Approved Annual Base Salary Increase For CEO, Lisa Su To $1 Mln
Monday, 2 Jul 2018 

July 2 (Reuters) - Advanced Micro Devices Inc ::ADVANCED MICRO DEVICES SAYS ON JUNE 26, BOARD APPROVED ANNUAL BASE SALARY INCREASE FOR CEO, LISA SU TO $1 MILLION - SEC FILING.  Full Article

Soros Fund Management Dissolves Share Stake Qualcomm, Twitter
Tuesday, 15 May 2018 

May 15 (Reuters) - Soros Fund Management::SOROS FUND MANAGEMENT TAKES SHARE STAKE IN AMERICAN EXPRESS TO 181,847 SHARES - SEC FILING.SOROS FUND MANAGEMENT UPS SHARE STAKE IN BANK OF AMERICA TO 2.4 MILLION SHARES FROM 264,600 SHARES - SEC FILING.SOROS FUND MANAGEMENT REPORTS SHARE STAKE IN NEW YORK TIMES OF 126,400 SHARES - SEC FILING.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN QUALCOMM - SEC FILING.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN URBAN OUTFITTERS TO 569,339 SHARES FROM ABOUT 1 MILLION SHARES - SEC FILING.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN TWITTER - SEC FILING.SOROS FUND MANAGEMENT UPS SHARE STAKE IN ADVANCED MICRO DEVICES TO 392,000 SHARES FROM 26,300 SHARES - SEC FILING.SOROS FUND MANAGEMENT REPORTS SHARE STAKE IN AIG OF 298,763 SHARES - SEC FILING.SOROS FUND MANAGEMENT UPS SHARE STAKE IN COTY TO 1.1 MILLION CLASS A SHARES FROM 130,100 CLASS A SHARES - SEC FILING.SOROS FUND MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Advanced Micro Devices Says CEO Lisa Su's FY 2017 Total Compensation Was $10.9 Mln Versus $11.7 Mln In FY 2016
Monday, 19 Mar 2018 

March 19 (Reuters) - Advanced Micro Devices Inc ::ADVANCED MICRO DEVICES SAYS CEO LISA SU'S FY 2017 TOTAL COMPENSATION WAS $10.9 MILLION VERSUS $11.7 MILLION IN FY 2016 - SEC FILING.  Full Article

AMD CEO On Security Vulnerabilities Says Meltdown Does Not Affect AMD'S Architecture While Spectre Does – CNBC‍​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Advanced Micro Devices Inc ::AMD CEO LISA SU ON SECURITY VULNERABILITIES SAYS MELTDOWN DOES NOT AFFECT AMD'S ARCHITECTURE WHILE SPECTRE DOES – CNBC‍​.  Full Article

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Nvidia forecasts demand rebound, Wall Street not so sure

Nvidia Corp's forecast of a demand rebound by the end of the year calmed investor nerves and pushed its shares up 5 percent on Friday, but several Wall Street analysts said the outlook was "aggressive" given weak demand and the ongoing U.S.-China trade war.