AMD and Industry Partners to Develop New Blockchain-based Gaming Platforms

AMD joins Block­chain Game Alli­ance, and part­ners with Robot Cache and ULTRA to pro­mo­te the deve­lo­p­ment and pro­li­fe­ra­ti­on of block­chain-based PC gaming

SANTA CLARA, Calif., Dec. 13, 2019 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announ­ced that it has joi­n­ed the Block­chain Game Alli­ance (BGA) and for­ged part­ner­ships with lea­ding tech­no­lo­gy pro­vi­ders to help pro­mo­te the deve­lo­p­ment and pro­li­fe­ra­ti­on of new block­chain-powered gam­ing platforms.

The Block­chain Game Alli­ance is com­mit­ted to dri­ving awa­re­ness and adop­ti­on of block­chain tech­no­lo­gies within the game indus­try, pro­vi­ding an open forum for indi­vi­du­als and com­pa­nies to share know­ledge and col­la­bo­ra­te, crea­te com­mon stan­dards, estab­lish best prac­ti­ces, and net­work. As the first major hard­ware manu­fac­tu­rer to join the BGA, AMD plans to enable alli­ance mem­bers with effi­ci­ent and high-per­for­mance com­pu­ting tech­no­lo­gies for next-gene­ra­ti­on block­chain-based gam­ing plat­forms that could poten­ti­al­ly trans­form the way games are crea­ted, published, purcha­sed and played.

AMD also announ­ced part­ner­ships with lea­ding block­chain tech­no­lo­gy pro­vi­ders, Robot Cache, which laun­ched their online gam­ing mar­ket­place in June, and ULTRA, which plans to launch its online gam­ing mar­ket­place in the coming months. Desi­gned to pro­vi­de opti­mal cryp­to­gra­phic com­pu­te per­for­mance with AMD Ryzen™ pro­ces­sors and AMD Rade­on™ gra­phics cards, the­se mar­ket­places will pro­vi­de gamers with new oppor­tu­ni­ties to buy, sell and share digi­tal video games, as well as offer effi­ci­ent, new dis­tri­bu­ti­on chan­nels for publishers. In addi­ti­on, Robot Cache will use secu­re, high-per­for­mance AMD EPYC™ pro­ces­sors in the back-end ser­vers powe­ring its plat­form, and ULTRA will use AMD EPYC™ pro­ces­sors for its block­chain to faci­li­ta­te block producing.

Block­chain tech­no­lo­gy brings broa­der choice, secu­ri­ty and fle­xi­bi­li­ty to both gamers and publishers,” said Joerg Ros­ko­wetz, Head of Block­chain Tech­no­lo­gy, AMD. “Next-gene­ra­ti­on block­chain game plat­forms will give gamers access to exclu­si­ve online con­tent, and pro­vi­de new ways for them to tru­ly own it. They will also pro­vi­de game publishers with new chan­nels to dis­tri­bu­te digi­tal game content.”

The Block­chain Game Alli­ance is gathe­ring some of the world’s top block­chain inno­va­tors and con­tent deve­lo­pers to bring play­ers the best of what this tech­no­lo­gy has to offer,” said Nico­las Pouard, Block­chain Initia­ti­ve Direc­tor at Ubi­s­oft. “We’re deligh­ted to work with AMD, and other alli­ance mem­bers to deter­mi­ne the role of block­chain in the enter­tain­ment expe­ri­en­ces of the future.” 

Lea­ding the Block­chain Gam­ing Charge

Pro­vi­ding incre­di­ble com­pu­te per­for­mance and secu­ri­ty for peer-to-peer tran­sac­tions, AMD is hel­ping to enable the next gene­ra­ti­on of block­chain-based gam­ing plat­forms via:

  • Block­chain Inno­va­ti­on AMD is at the fore­front of the block­chain evo­lu­ti­on, pro­vi­ding the under­ly­ing com­pu­te tech­no­lo­gy to enable a broad ran­ge of new block­chain-powered appli­ca­ti­ons, ser­vices and use cases span­ning indus­tries ran­ging from gam­ing and cloud com­pu­ting to the Inter­net of Things, health­ca­re, and others.
  • Effi­ci­ent, High-per­for­mance CPUs and GPUs – AMD is in a uni­que posi­ti­on to offer the best com­bi­na­ti­on of high-per­for­mance CPUs and GPUs for deman­ding block­chain workloads.
  • Robust Secu­ri­ty – Desi­gned to address today’s incre­asing­ly com­plex and sophisti­ca­ted secu­ri­ty thre­ats, AMD Secu­re Tech­no­lo­gy puts pro­tec­tion right on the pro­ces­sor pro­vi­ding an addi­tio­nal lay­er of robust security.

Sup­port­ing Resources

  • Find more infor­ma­ti­on on the Block­chain Game Alli­ance here
  • Fol­low AMD on Twit­ter @AMD 
  • Fol­low Rade­on™ gra­phics on Twit­ter
  • Fol­low Ryzen™ on Twit­ter

About AMD

For 50 years AMD has dri­ven inno­va­ti­on in high-per­for­mance com­pu­ting, gra­phics and visua­liza­ti­on tech­no­lo­gies ― the buil­ding blocks for gam­ing, immersi­ve plat­forms and the dat­a­cen­ter. Hundreds of mil­li­ons of con­su­mers, lea­ding For­tu­ne 500 busi­nesses and cut­ting-edge sci­en­ti­fic rese­arch faci­li­ties around the world rely on AMD tech­no­lo­gy dai­ly to impro­ve how they live, work and play. AMD employees around the world are focu­sed on buil­ding gre­at pro­ducts that push the boun­da­ries of what is pos­si­ble. For more infor­ma­ti­on about how AMD is enab­ling today and inspi­ring tomor­row, visit the AMD (NASDAQ: AMDweb­siteblogFace­book and Twit­ter pages.

Cau­tio­na­ry Statement

This press release con­ta­ins for­ward-loo­king state­ments con­cer­ning Advan­ced Micro Devices, Inc. (AMD) inclu­ding the plans and expec­ted bene­fits of joi­ning the Block­chain Game Alli­ance and part­ne­ring with block­chain tech­no­lo­gy pro­vi­ders, which are made pur­su­ant to the Safe Har­bor pro­vi­si­ons of the Pri­va­te Secu­ri­ties Liti­ga­ti­on Reform Act of 1995. For­ward-loo­king state­ments are com­mon­ly iden­ti­fied by words such as “would,” “intends,” “belie­ves,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “pro for­ma,” “esti­ma­tes,” “anti­ci­pa­tes,” or the nega­ti­ve of the­se words and phra­ses, other varia­ti­ons of the­se words and phra­ses or com­pa­ra­ble ter­mi­no­lo­gy. Inves­tors are cau­tio­ned that the for­ward-loo­king state­ments in this docu­ment are based on cur­rent beliefs, assump­ti­ons and expec­ta­ti­ons, speak only as of the date of this docu­ment and invol­ve risks and uncer­tain­ties that could cau­se actu­al results to dif­fer mate­ri­al­ly from cur­rent expec­ta­ti­ons. Such state­ments are sub­ject to cer­tain known and unknown risks and uncer­tain­ties, many of which are dif­fi­cult to pre­dict and gene­ral­ly bey­ond AMD’s con­trol, that could cau­se actu­al results and other future events to dif­fer mate­ri­al­ly from tho­se expres­sed in, or impli­ed or pro­jec­ted by, the for­ward-loo­king infor­ma­ti­on and state­ments. Mate­ri­al fac­tors that could cau­se actu­al results to dif­fer mate­ri­al­ly from cur­rent expec­ta­ti­ons include, wit­hout limi­ta­ti­on, the fol­lo­wing: Intel Corporation’s domi­nan­ce of the micro­pro­ces­sor mar­ket and its aggres­si­ve busi­ness prac­ti­ces may limit AMD’s abili­ty to com­pe­te effec­tively; AMD reli­es on third par­ties to manu­fac­tu­re its pro­ducts, and if they are unable to do so on a time­ly basis in suf­fi­ci­ent quan­ti­ties and using com­pe­ti­ti­ve tech­no­lo­gies, AMD’s busi­ness could be mate­ri­al­ly adver­se­ly affec­ted; fail­ure to achie­ve expec­ted manu­fac­tu­ring yields for AMD’s pro­ducts could nega­tively impact its finan­cial results; AMD has a wafer sup­p­ly agree­ment with GLOBALFOUNDRIES Inc. (GF) with obli­ga­ti­ons to purcha­se all of its micro­pro­ces­sor and APU pro­duct requi­re­ments, and a cer­tain por­ti­on of its GPU pro­duct requi­re­ments, manu­fac­tu­red at pro­cess nodes lar­ger than 7 nano­me­ter from GF with limi­t­ed excep­ti­ons. If GF is not able to satis­fy AMD’s manu­fac­tu­ring requi­re­ments, AMD’s busi­ness could be adver­se­ly impac­ted; the suc­cess of AMD’s busi­ness is depen­dent upon its abili­ty to intro­du­ce pro­ducts on a time­ly basis with fea­tures and per­for­mance levels that pro­vi­de value to its cus­to­mers while sup­port­ing and coin­ci­ding with signi­fi­cant indus­try tran­si­ti­ons; if AMD can­not gene­ra­te suf­fi­ci­ent reve­nue and ope­ra­ting cash flow or obtain exter­nal finan­cing, it may face a cash short­fall and be unable to make all of its plan­ned invest­ments in rese­arch and deve­lo­p­ment or other stra­te­gic invest­ments; the loss of a signi­fi­cant cus­to­mer may have a mate­ri­al adver­se effect on AMD; AMD’s receipt of reve­nue from its semi-cus­tom SoC pro­ducts is depen­dent upon its tech­no­lo­gy being desi­gned into third-par­ty pro­ducts and the suc­cess of tho­se pro­ducts; glo­bal eco­no­mic and mar­ket uncer­tain­ty may adver­se­ly impact AMD’s busi­ness and ope­ra­ting results; AMD’s world­wi­de ope­ra­ti­ons are sub­ject to poli­ti­cal, legal and eco­no­mic risks and natu­ral dis­as­ters, which could have a mate­ri­al adver­se effect on it; govern­ment actions and regu­la­ti­ons such as export admi­nis­tra­ti­on regu­la­ti­ons, tariffs, and trade pro­tec­tion mea­su­res, may limit AMD’s abili­ty to export AMD’s pro­ducts to cer­tain cus­to­mers; AMD’s pro­ducts may be sub­ject to secu­ri­ty vul­nerabi­li­ties that could have a mate­ri­al adver­se effect on AMD; IT outa­ges, data loss, data brea­ches and cyber-attacks could com­pro­mi­se AMD’s intellec­tu­al pro­per­ty or other sen­si­ti­ve infor­ma­ti­on, be cos­t­ly to reme­dia­te and cau­se signi­fi­cant dama­ge to its busi­ness, repu­ta­ti­on and ope­ra­ti­ons; AMD’s ope­ra­ting results are sub­ject to quar­ter­ly and sea­so­nal sales pat­terns; AMD may not be able to gene­ra­te suf­fi­ci­ent cash to ser­vice its debt obli­ga­ti­ons or meet its working capi­tal requi­re­ments; AMD has a lar­ge amount of indeb­ted­ness which could adver­se­ly affect its finan­cial posi­ti­on and pre­vent it from imple­men­ting its stra­tegy or ful­fil­ling its con­trac­tu­al obli­ga­ti­ons; the agree­ments gover­ning AMD’s notes and the Secu­red Revol­ving Line of Cre­dit impo­se rest­ric­tions on AMD that may adver­se­ly affect AMD’s abili­ty to ope­ra­te its busi­ness; the mar­kets in which AMD’s pro­ducts are sold are high­ly com­pe­ti­ti­ve; the con­ver­si­on of the 2.125% Con­ver­ti­ble Seni­or Notes due 2026 may dilute the owner­ship inte­rest of AMD’s exis­ting stock­hol­ders, or may other­wi­se depress the pri­ce of its com­mon stock; uncer­tain­ties invol­ving the orde­ring and ship­ment of AMD’s pro­ducts could mate­ri­al­ly adver­se­ly affect it; the demand for AMD’s pro­ducts depends in part on the mar­ket con­di­ti­ons in the indus­tries into which they are sold. Fluc­tua­tions in demand for AMD’s pro­ducts or a mar­ket decli­ne in any of the­se indus­tries could have a mate­ri­al adver­se effect on its results of ope­ra­ti­ons; AMD’s abili­ty to design and intro­du­ce new pro­ducts in a time­ly man­ner is depen­dent upon third-par­ty intellec­tu­al pro­per­ty; AMD depends on third-par­ty com­pa­nies for the design, manu­fac­tu­re and sup­p­ly of mother­boards, soft­ware and other com­pu­ter plat­form com­pon­ents to sup­port its busi­ness; if AMD loses Micro­soft Corporation’s sup­port for its pro­ducts or other soft­ware ven­dors do not design and deve­lop soft­ware to run on AMD’s pro­ducts, its abili­ty to sell its pro­ducts could be mate­ri­al­ly adver­se­ly affec­ted; and AMD’s reli­ance on third-par­ty dis­tri­bu­tors and add-in-board part­ners sub­jects it to cer­tain risks. Inves­tors are urged to review in detail the risks and uncer­tain­ties in AMD’s Secu­ri­ties and Exch­an­ge Com­mis­si­on filings, inclu­ding but not limi­t­ed to AMD’s Quar­ter­ly Report on Form 10‑Q for the quar­ter ended Sep­tem­ber 28, 2019.

©2019 Advan­ced Micro Devices, Inc. All rights reser­ved. AMD, the AMD Arrow logo, Rade­on, and com­bi­na­ti­ons the­reof are trade­marks of Advan­ced Micro Devices, Inc. Other pro­duct names used in this publi­ca­ti­on are for iden­ti­fi­ca­ti­on pur­po­ses only and may be trade­marks of their respec­ti­ve companies.

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