AMD Announces Completion of Partial Tender Offer for Its 6.00% Convertible Senior Notes Due 2015

SUNNYVALE, CA — 03/20/14 – Advan­ced Micro Devices, Inc. (NYSE: AMD) announ­ced today that it has com­ple­ted its offer to purcha­se for cash, on a pro rata basis, up to $425,000,000 aggre­ga­te prin­ci­pal amount of its 6.00% Con­ver­ti­ble Seni­or Notes due 2015 (the “Notes”), at a purcha­se pri­ce equal to $1,065 per $1,000 of the prin­ci­pal amount of such Notes, plus accrued and unpaid inte­rest thereon.

Pur­su­ant to the offer, $423,282,000 aggre­ga­te prin­ci­pal amount of the Notes were valid­ly ten­de­red and not with­drawn and AMD accept­ed for pay­ment $423,282,000 aggre­ga­te prin­ci­pal amount of such Notes. Pay­ment of the aggre­ga­te con­side­ra­ti­on of appro­xi­m­ate­ly $460,601,000 (inclu­ding accrued and unpaid inte­rest) will be made on the valid­ly ten­de­red Notes in accordance with the terms of the ten­der offer. After giving effect to the purcha­se of the ten­de­red Notes, $42,310,000 aggre­ga­te prin­ci­pal amount of the Notes remains outstanding.

AMD retai­ned BofA Mer­rill Lynch to act as Dea­ler Mana­ger for the ten­der offer. Ques­ti­ons regar­ding the ten­der offer may be direc­ted to BofA Mer­rill Lynch at (888) 292‑0070 (toll-free) or (980) 387‑3907 (coll­ect).

About AMD

AMD (NYSE: AMD) designs and inte­gra­tes tech­no­lo­gy that powers mil­li­ons of intel­li­gent devices, inclu­ding per­so­nal com­pu­ters, tablets, game con­so­les and cloud ser­vers that defi­ne the new era of sur­round com­pu­ting. AMD solu­ti­ons enable peo­p­le ever­y­whe­re to rea­li­ze the full poten­ti­al of their favo­ri­te devices and appli­ca­ti­ons to push the boun­da­ries of what is pos­si­ble. For more infor­ma­ti­on, visit www.amd.com.

AMD, the AMD Arrow logo, and com­bi­na­ti­ons the­reof, are trade­marks of Advan­ced Micro Devices, Inc. Other names are for infor­ma­tio­nal pur­po­ses only and may be trade­marks of their respec­ti­ve owners.