{"id":26854,"date":"2016-10-24T09:25:48","date_gmt":"2016-10-24T07:25:48","guid":{"rendered":"http:\/\/www.planet3dnow.de\/cms\/?p=26854"},"modified":"2016-10-24T09:25:48","modified_gmt":"2016-10-24T07:25:48","slug":"amd-reports-2016-third-quarter-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/26854-amd-reports-2016-third-quarter-results\/","title":{"rendered":"<span class=\"caps\">AMD<\/span> Reports 2016 Third Quarter Results"},"content":{"rendered":"<div class=\"prLocationDate\"><span class=\"caps\">SUNNYVALE<\/span>, Calif. 10\/20\/2016<\/div>\n<div class=\"prBody\">\n<div id=\"ctl00_PlaceHolderMain_ctl04__ControlWrapper_RichHtmlField\" class=\"ms-rtestate-field\">\n<p><a href=\"http:\/\/www.amd.com\/en-us\"><span class=\"caps\">AMD<\/span><\/a> (<span class=\"caps\">NASDAQ<\/span>:<span class=\"caps\">AMD<\/span>) today announ\u00adced reve\u00adnue for the third quar\u00adter of 2016 of $1,307 mil\u00adli\u00adon, ope\u00adra\u00adting loss of $293 mil\u00adli\u00adon, and net loss of $406 mil\u00adli\u00adon, or $0.50 per share. Non-GAAP<sup>1<\/sup> ope\u00adra\u00adting inco\u00adme was $70 mil\u00adli\u00adon and non-GAAP<sup>1<\/sup> net inco\u00adme was $27 mil\u00adli\u00adon, or $0.03 per&nbsp;share.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.amd.com\/PublishingImages\/graphics\/tables\/968px\/earnings3q2016\/3q2016-gaap-nongaap.jpg\" alt><\/p>\n<p><span class=\"dquo\">\u201c<\/span>Our third quar\u00adter finan\u00adcial results high\u00adlight the pro\u00adgress we are making across our busi\u00adness,\u201d said Lisa Su, <span class=\"caps\">AMD<\/span> pre\u00adsi\u00addent and <span class=\"caps\">CEO<\/span>.&nbsp; \u201cWe now expect to deli\u00adver hig\u00adher 2016 annu\u00adal reve\u00adnue based on stron\u00adger demand for <span class=\"caps\">AMD<\/span> semi-cus\u00adtom solu\u00adti\u00adons and Pola\u00adris GPUs. This posi\u00adti\u00adons us well to acce\u00adle\u00adra\u00adte our growth in 2017 as we intro\u00addu\u00adce new high-per\u00adfor\u00admance com\u00adpu\u00adting and gra\u00adphics products.\u201d<\/p>\n<h3><span class=\"caps\">Q3<\/span> 2016 Results<\/h3>\n<ul>\n<li><span class=\"caps\">Q3<\/span> 2016, <span class=\"caps\">Q2<\/span> 2016, and <span class=\"caps\">Q3<\/span> 2015 were 13-week fis\u00adcal quarters.<\/li>\n<li>Reve\u00adnue of $1,307 mil\u00adli\u00adon, up 27 per\u00adcent sequen\u00adti\u00adal\u00adly and up 23 per\u00adcent year-over-year pri\u00adma\u00adri\u00adly due to record semi-cus\u00adtom SoC and hig\u00adher <span class=\"caps\">GPU<\/span> and mobi\u00adle <span class=\"caps\">APU<\/span> sales, par\u00adti\u00adal\u00adly off\u00adset by cli\u00adent desk\u00adtop pro\u00adces\u00adsor and chip\u00adset&nbsp;sales.<\/li>\n<li>Gross mar\u00adgin was 5 per\u00adcent, down from 31 per\u00adcent from the pre\u00advious quar\u00adter due to a $340 mil\u00adli\u00adon char\u00adge rela\u00adted to the 6<sup>th<\/sup> amend\u00adment to the Wafer Sup\u00adp\u00adly Agree\u00adment (<span class=\"caps\">WSA<\/span>) with <span class=\"caps\">GLOBALFOUNDRIES<\/span> (<span class=\"caps\">GF<\/span>). Non-GAAP gross mar\u00adgin of 31 per\u00adcent was flat quarter-over-quarter.<\/li>\n<li>Ope\u00adra\u00adting expen\u00adses of $376 mil\u00adli\u00adon, com\u00adpared to $353 mil\u00adli\u00adon for the pri\u00ador quar\u00adter. Non-GAAP ope\u00adra\u00adting expen\u00adses of $353 mil\u00adli\u00adon, com\u00adpared to non-GAAP ope\u00adra\u00adting expen\u00adses of $342 mil\u00adli\u00adon in <span class=\"caps\">Q2<\/span> 2016, dri\u00adven by increased invest\u00adments in rese\u00adarch and development.<\/li>\n<li>Ope\u00adra\u00adting loss of $293 mil\u00adli\u00adon, com\u00adpared to an ope\u00adra\u00adting loss of $8 mil\u00adli\u00adon in <span class=\"caps\">Q2<\/span> 2016 due to a $340 mil\u00adli\u00adon <span class=\"caps\">WSA<\/span> char\u00adge. Non-GAAP<sup>1<\/sup> ope\u00adra\u00adting inco\u00adme of $70 mil\u00adli\u00adon, com\u00adpared to non-GAAP<sup>1<\/sup> ope\u00adra\u00adting inco\u00adme of $3 mil\u00adli\u00adon in <span class=\"caps\">Q2<\/span> 2016, pri\u00adma\u00adri\u00adly due to hig\u00adher revenue.<\/li>\n<li>Net loss of $406 mil\u00adli\u00adon, net loss per share of $0.50, com\u00adpared to net inco\u00adme of $69 mil\u00adli\u00adon, net ear\u00adnings per share of $0.08 in <span class=\"caps\">Q2<\/span> 2016. The decli\u00adne was dri\u00adven by a $340 mil\u00adli\u00adon <span class=\"caps\">WSA<\/span> char\u00adge and a $61 mil\u00adli\u00adon loss on debt redemp\u00adti\u00adon off\u00adset by increased reve\u00adnue. <span class=\"caps\">Q2<\/span> 2016 net inco\u00adme included a $150 mil\u00adli\u00adon pre-tax gain on the sale of 85 per\u00adcent of assem\u00adbly, test, mark, and pack (<span class=\"caps\">ATMP<\/span>) faci\u00adli\u00adties to Nan\u00adtong Fuji\u00adtsu Microelec\u00adtro\u00adnics (<span class=\"caps\">NFME<\/span>).<\/li>\n<li>Non-GAAP<sup>1<\/sup> net inco\u00adme of $27 mil\u00adli\u00adon, non-GAAP<sup>1<\/sup> ear\u00adnings per share of $0.03. This com\u00adpa\u00adres to non-GAAP<sup>1<\/sup> net loss of $40 mil\u00adli\u00adon and non-GAAP<sup>1<\/sup> loss per share of $0.05 in <span class=\"caps\">Q2<\/span> 2016, pri\u00adma\u00adri\u00adly due to increased reve\u00adnue in <span class=\"caps\">Q3<\/span>&nbsp;2016.<\/li>\n<li>Cash and cash equi\u00adva\u00adlents were $1,258 mil\u00adli\u00adon at the end of the quar\u00adter, up $301 mil\u00adli\u00adon from the end of the pri\u00ador quar\u00adter. The quar\u00adter-end cash balan\u00adce includes appro\u00adxi\u00adm\u00adate\u00adly $274 mil\u00adli\u00adon of net pro\u00adceeds from recent capi\u00adtal mar\u00adkets transactions.<\/li>\n<li>Total debt at the end of the quar\u00adter was $1,632 mil\u00adli\u00adon, down $606 mil\u00adli\u00adon from the pri\u00ador quar\u00adter as a result of the timing and exe\u00adcu\u00adti\u00adon of <span class=\"caps\">Q3<\/span> 2016 debt reduc\u00adtion actions and due to bifur\u00adca\u00adti\u00adon of the new\u00adly issued 2.125 per\u00adcent Con\u00adver\u00adti\u00adble Notes due 2026 into equi\u00adty and lia\u00adbi\u00adli\u00adty com\u00adpon\u00adents based on <span class=\"caps\">GAAP<\/span> accoun\u00adting regu\u00adla\u00adti\u00adons. We plan to fur\u00adther redu\u00adce debt by deploy\u00ading a signi\u00adfi\u00adcant por\u00adti\u00adon of the remai\u00adning cash from our capi\u00adtal mar\u00adkets transactions.<\/li>\n<\/ul>\n<h3>Financial Segment Summary<\/h3>\n<ul>\n<li>Com\u00adpu\u00adting and Gra\u00adphics seg\u00adment reve\u00adnue of $472 mil\u00adli\u00adon increased 9 per\u00adcent sequen\u00adti\u00adal\u00adly and 11 per\u00adcent from <span class=\"caps\">Q3<\/span> 2015. The sequen\u00adti\u00adal and year-over-year increa\u00adses were dri\u00adven pri\u00adma\u00adri\u00adly by increased sales of GPUs, off\u00adset by decreased sales of cli\u00adent desk\u00adtop pro\u00adces\u00adsors and chip\u00adsets. The year-over-year increase was also dri\u00adven by increased sales of cli\u00adent mobi\u00adle processors.&nbsp;<ul>\n<li>Ope\u00adra\u00adting loss was $66 mil\u00adli\u00adon, com\u00adpared with an ope\u00adra\u00adting loss of $81 mil\u00adli\u00adon in <span class=\"caps\">Q2<\/span> 2016 and an ope\u00adra\u00adting loss of $181 mil\u00adli\u00adon in <span class=\"caps\">Q3<\/span> 2015. The sequen\u00adti\u00adal impro\u00adve\u00adment was dri\u00adven pri\u00adma\u00adri\u00adly by hig\u00adher <span class=\"caps\">GPU<\/span> reve\u00adnue, and the year-over-year impro\u00adve\u00adment was pri\u00adma\u00adri\u00adly due to hig\u00adher <span class=\"caps\">GPU<\/span> reve\u00adnue and the absence of an inven\u00adto\u00adry wri\u00adte-down charge.<\/li>\n<li>Cli\u00adent avera\u00adge sel\u00adling pri\u00adce (<span class=\"caps\">ASP<\/span>) decreased sequen\u00adti\u00adal\u00adly dri\u00adven by lower mobi\u00adle and desk\u00adtop pro\u00adces\u00adsor ASPs and was flat year-over-year.<\/li>\n<li><span class=\"caps\">GPU<\/span> <span class=\"caps\">ASP<\/span> increased sequen\u00adti\u00adal\u00adly and year-over-year dri\u00adven by hig\u00adher chan\u00adnel and pro\u00adfes\u00adsio\u00adnal gra\u00adphics&nbsp;ASPs.<\/li>\n<\/ul>\n<\/li>\n<li>Enter\u00adpri\u00adse, Embedded and Semi-Cus\u00adtom seg\u00adment reve\u00adnue of $835 mil\u00adli\u00adon increased 41 per\u00adcent sequen\u00adti\u00adal\u00adly and 31 per\u00adcent year-over-year due to hig\u00adher sales of semi-cus\u00adtom&nbsp;SoCs.&nbsp;<ol>\n<li>Ope\u00adra\u00adting inco\u00adme was $136 mil\u00adli\u00adon com\u00adpared with $84 mil\u00adli\u00adon in <span class=\"caps\">Q2<\/span> 2016 and $84 mil\u00adli\u00adon in <span class=\"caps\">Q3<\/span> 2015. The sequen\u00adti\u00adal impro\u00adve\u00adment was pri\u00adma\u00adri\u00adly due to hig\u00adher reve\u00adnue and the year-over-year impro\u00adve\u00adment was pri\u00adma\u00adri\u00adly due to hig\u00adher reve\u00adnue and a $24 mil\u00adli\u00adon <span class=\"caps\">IP<\/span> licen\u00adsing&nbsp;gain.<\/li>\n<\/ol>\n<\/li>\n<li>All Other cate\u00adgo\u00adry ope\u00adra\u00adting loss was $363 mil\u00adli\u00adon in <span class=\"caps\">Q3<\/span> 2016 com\u00adpared with $11 mil\u00adli\u00adon in <span class=\"caps\">Q2<\/span> 2016 and $61 mil\u00adli\u00adon in <span class=\"caps\">Q3<\/span> 2015. The sequen\u00adti\u00adal increase was pri\u00adma\u00adri\u00adly dri\u00adven by a $340 mil\u00adli\u00adon <span class=\"caps\">WSA<\/span> charge.<\/li>\n<\/ul>\n<h3><span class=\"caps\">Q3<\/span> 2016 Highlights<\/h3>\n<ul>\n<li><span class=\"caps\">AMD<\/span> com\u00adple\u00adted capi\u00adtal mar\u00adkets tran\u00adsac\u00adtions that rai\u00adsed appro\u00adxi\u00adm\u00adate\u00adly $1.4 bil\u00adli\u00adon in cash, befo\u00adre issu\u00adan\u00adce cos\u00adts, to lower over\u00adall debt, redu\u00adce inte\u00adrest expen\u00adse pay\u00adments, and fur\u00adther sup\u00adport gro\u00adwing busi\u00adness opportunities.<\/li>\n<li><span class=\"caps\">AMD<\/span> <a href=\"http:\/\/ir.amd.com\/phoenix.zhtml?c=74093&amp;p=irol-newsArticle&amp;ID=2198716\"> announ\u00adced<\/a> a five-year amend\u00adment to the <span class=\"caps\">WSA<\/span> with <span class=\"caps\">GF<\/span> that streng\u00adthens the stra\u00adte\u00adgic part\u00adner\u00adship, while pro\u00advi\u00adding <span class=\"caps\">AMD<\/span> with fle\u00adxi\u00adbi\u00adli\u00adty in sourcing foundry ser\u00advices and grea\u00adter finan\u00adcial predictability.<\/li>\n<li><span class=\"caps\">AMD<\/span> dis\u00adc\u00adlo\u00adsed new details about its upco\u00adming high-per\u00adfor\u00admance x86 \u201cZen\u201d core archi\u00adtec\u00adtu\u00adre and \u201cZen\u201d-based pro\u00adducts, including:&nbsp;<ul>\n<li>A public pre\u00adview of the com\u00adpe\u00adti\u00adti\u00adve per\u00adfor\u00admance of the \u201cZen\u201d-based \u201cSum\u00admit Ridge\u201d desk\u00adtop processor,<\/li>\n<li>A first look at \u201cNap\u00adles,\u201d its \u201cZen\u201d-based 32-core, 64-thread ser\u00adver pro\u00adduct,&nbsp;and<\/li>\n<li>A <a href=\"http:\/\/www.slideshare.net\/AMD\/amd-and-the-new-zen-high-performance-x86-core-at-hot-chips-28\/1\" target=\"_blank\"> detail\u00aded tech\u00adni\u00adcal over\u00adview<\/a> of the new grounds-up \u201cZen\u201d core archi\u00adtec\u00adtu\u00adre at the 28<sup>th<\/sup> annu\u00adal Hot Chips conference.<\/li>\n<\/ul>\n<\/li>\n<li><span class=\"caps\">AMD<\/span> expan\u00added its fami\u00adly of main\u00adstream and work\u00adsta\u00adtion class gra\u00adphics based on its new Pola\u00adris archi\u00adtec\u00adtu\u00adre based on 14nm Fin\u00adFET technology.&nbsp;<ul>\n<li><a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/the-radeon-rebellion-2016aug04.aspx\">Laun\u00adched<\/a> the new Rade\u00adon\u2122 <span class=\"caps\">RX<\/span> 470 <span class=\"caps\">GPU<\/span>, enab\u00adling excep\u00adtio\u00adnal <span class=\"caps\">HD<\/span> gam\u00ading, true asyn\u00adchro\u00adno\u00adus com\u00adpu\u00adte, and sup\u00adport for high dyna\u00admic ran\u00adge (<span class=\"caps\">HDR<\/span>) monitors.<\/li>\n<li><a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/introducing-radeon-rx-2016aug08.aspx\">Laun\u00adched<\/a> the Rade\u00adon\u2122 <span class=\"caps\">RX<\/span> 460 <span class=\"caps\">GPU<\/span> for eSports gamers who demand pris\u00adti\u00adne <span class=\"caps\">HD<\/span> gam\u00ading, smooth bey\u00adond-HD strea\u00adming capa\u00adbi\u00adli\u00adties, and an assort\u00adment of future-rea\u00addy gam\u00ading technologies.<\/li>\n<li><a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/amd-introduces-new-2016jul25.aspx\">Unvei\u00adled<\/a> the new Rade\u00adon\u2122 Pro <span class=\"caps\">WX<\/span> Series of pro\u00adfes\u00adsio\u00adnal gra\u00adphics cards, a set of new solu\u00adti\u00adons to address modern con\u00adtent crea\u00adti\u00adon and engineering.<\/li>\n<li><a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/amd-radeon-pro-2016jul25.aspx\">Intro\u00addu\u00adced<\/a> the upco\u00adming Rade\u00adon\u2122 Pro <span class=\"caps\">SSG<\/span> (Solid Sta\u00adte Gra\u00adphics), a new Rade\u00adon\u2122 Pro solu\u00adti\u00adon with 1 tera\u00adbyte of dedi\u00adca\u00adted memo\u00adry desi\u00adgned for lar\u00adge data\u00adset appli\u00adca\u00adti\u00adons, which will be available initi\u00adal\u00adly as a deve\u00adlo\u00adper&nbsp;kit.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Cus\u00adto\u00admer adop\u00adti\u00adon of Rade\u00adon\u2122 <span class=\"caps\">RX<\/span> GPUs expan\u00added with nota\u00adble gam\u00ading <span class=\"caps\">PC<\/span> design wins with <span class=\"caps\">HP<\/span> and Alienware.&nbsp;<ul>\n<li><span class=\"caps\">HP<\/span> <a href=\"http:\/\/radeon.com\/en-us\/hp-omen\/?sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;webSyncID=891e274c-6105-c383-04b4-7eb301a9de64&amp;sessionGUID=2c07d2db-b1c1-a1d2-1e57-7203112c06bc\"> announ\u00adced sup\u00adport for the Rade\u00adon<\/a>\u2122 <span class=\"caps\">RX<\/span> 400-Series gra\u00adphics cards and intro\u00addu\u00adced the <span class=\"caps\">HP<\/span> <span class=\"caps\">OMEN<\/span> X, a ful\u00adly cus\u00adto\u00admizable enthu\u00adsi\u00adast gam\u00ading desk\u00adtop <span class=\"caps\">PC<\/span> desi\u00adgned for top-end gam\u00ading and supe\u00adri\u00ador <span class=\"caps\">VR<\/span> expe\u00adri\u00aden\u00adces that can accom\u00admo\u00adda\u00adte up to two Rade\u00adon\u2122 <span class=\"caps\">R9<\/span> Fury X gra\u00adphics&nbsp;cards.<\/li>\n<li>Ali\u00aden\u00adwa\u00adre intro\u00addu\u00adced its <a href=\"http:\/\/radeon.com\/en-us\/alienware-unveils-new-generation-of-radeon-rx-470-laptops\/?sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;webSyncID=891e274c-6105-c383-04b4-7eb301a9de64&amp;sessionGUID=2c07d2db-b1c1-a1d2-1e57-7203112c06bc\"> latest line of pre\u00admi\u00adum gam\u00ading lap\u00adtops<\/a>, inclu\u00adding the new Ali\u00aden\u00adwa\u00adre 15 and new Ali\u00aden\u00adwa\u00adre 17 available with the future-pro\u00adof<sup>2<\/sup> Rade\u00adon\u2122 <span class=\"caps\">RX<\/span> 470 gra\u00adphics&nbsp;card.<\/li>\n<\/ul>\n<\/li>\n<li><span class=\"caps\">AMD<\/span> con\u00adtin\u00adued to gain momen\u00adtum in vir\u00adtu\u00adal rea\u00adli\u00adty (<span class=\"caps\">VR<\/span>) with the intro\u00adduc\u00adtion of the <a href=\"http:\/\/radeon.com\/en-us\/cyberpowerpc-vr-ready\/?sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;webSyncID=891e274c-6105-c383-04b4-7eb301a9de64&amp;sessionGUID=2c07d2db-b1c1-a1d2-1e57-7203112c06bc\"> most afforda\u00adble VR-rea\u00addy <span class=\"caps\">PC<\/span> to-date<\/a>, the limi\u00adt\u00aded edi\u00adti\u00adon Cyber\u00adPowerPC, fea\u00adturing the <span class=\"caps\">AMD<\/span> <span class=\"caps\">FX<\/span> 4350 pro\u00adces\u00adsor and Rade\u00adon\u2122 <span class=\"caps\">RX<\/span> 470 gra\u00adphics. Pri\u00adced at $499 stan\u00adda\u00adlo\u00adne or $999 when bund\u00adled with the Ocu\u00adlus Rift headset.<\/li>\n<li><span class=\"caps\">AMD<\/span> streng\u00adthe\u00adned its GPUO\u00adpen initia\u00adti\u00adve with the addi\u00adti\u00adon of <a href=\"http:\/\/radeon.com\/en-us\/phonon-and-trueaudio-next\/?sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;sessionGUID=c7bec205-5bd8-2de7-d6ed-5aad9153320d&amp;webSyncID=891e274c-6105-c383-04b4-7eb301a9de64&amp;sessionGUID=2c07d2db-b1c1-a1d2-1e57-7203112c06bc\"> <span class=\"caps\">AMD<\/span> TrueAu\u00addio Next<\/a> and <a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/amd-open-sources-2016jul25.aspx\"> Rade\u00adon\u2122 Pro\u00adRen\u00adder<\/a>.\n<ul>\n<li>TrueAu\u00addio Next is an <span class=\"caps\">API<\/span> that lets deve\u00adlo\u00adpers levera\u00adge the <span class=\"caps\">GPU<\/span> for audio ren\u00adde\u00adring, allo\u00adwing deve\u00adlo\u00adpers and sound desi\u00adgners to add phy\u00adsics-based envi\u00adron\u00admen\u00adtal audio to games and <span class=\"caps\">VR<\/span> apps across platforms.<\/li>\n<li>Rade\u00adon\u2122 Pro\u00adRen\u00adder is an open source pro\u00adfes\u00adsio\u00adnal GPU-opti\u00admi\u00adzed pho\u00adto\u00adrea\u00adli\u00adstic ren\u00adde\u00adrer that gives deve\u00adlo\u00adpers access to the source code and enables crea\u00adtors to bring ide\u00adas to life through high-per\u00adfor\u00admance appli\u00adca\u00adti\u00adons and work\u00adflows enhan\u00adced by pho\u00adto\u00adrea\u00adli\u00adstic rendering.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li><span class=\"caps\">AMD<\/span> announ\u00adced the avai\u00adla\u00adbi\u00adli\u00adty of new con\u00adsu\u00admer and com\u00admer\u00adcial desk\u00adtop sys\u00adtems based on 7<sup>th<\/sup> Gene\u00adra\u00adti\u00adon <span class=\"caps\">AMD<\/span> APUs and the new <span class=\"caps\">AM4<\/span> platform.&nbsp;<ul>\n<li>The <a href=\"http:\/\/www.amd.com\/en-us\/innovations\/software-technologies\/zen-cpu\"> <span class=\"caps\">AMD<\/span> <span class=\"caps\">AM4<\/span> socket<\/a> is a new uni\u00adfied infra\u00adstruc\u00adtu\u00adre that sup\u00adports both 7th Gene\u00adra\u00adti\u00adon <span class=\"caps\">AMD<\/span> A\u2011Series APUs and the upco\u00adming \u201cZen\u201d-based high-per\u00adfor\u00admance \u201cSum\u00admit Ridge\u201d <span class=\"caps\">AMD<\/span> desk\u00adtop <span class=\"caps\">CPU<\/span>. <span class=\"caps\">AM4<\/span> plat\u00adforms fea\u00adture <span class=\"caps\">DDR4<\/span> Memo\u00adry and next-gen I\/O and peri\u00adphe\u00adral sup\u00adport, inclu\u00adding PCIe\u00ae Gen 3, <span class=\"caps\">USB<\/span> 3.1 Gen 2, NVMe, and <span class=\"caps\">SATA<\/span> Express.<\/li>\n<li><span class=\"caps\">AMD<\/span> 7<sup>th<\/sup> Gene\u00adra\u00adti\u00adon APU-based con\u00adsu\u00admer desk\u00adtop sys\u00adtems are now available from <a href=\"http:\/\/www.costco.com\/HP-Pavilion-510-p127c-Desktop---AMD-A12---2GB-Graphics.product.100310933.html\"> <span class=\"caps\">HP<\/span><\/a>, with other glo\u00adbal <span class=\"caps\">OEM<\/span> designs to follow.<\/li>\n<li>The com\u00admer\u00adcial-focu\u00adsed <a href=\"http:\/\/www.hp.com\/go\/eliteamd\" target=\"_blank\"> <span class=\"caps\">HP<\/span> Eli\u00adte\u00adDe\u00adsk 705 <span class=\"caps\">G3<\/span> Series<\/a> desk\u00adtops fea\u00adture the new <a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/amd-announces-first-2016oct03.aspx\"> 7<\/a><sup>th<\/sup> Gene\u00adra\u00adti\u00adon <span class=\"caps\">AMD<\/span> <span class=\"caps\">PRO<\/span>&nbsp;APUs.&nbsp;<ol>\n<li><span class=\"caps\">AMD<\/span> 7<sup>th<\/sup> Gene\u00adra\u00adti\u00adon <span class=\"caps\">AMD<\/span> <span class=\"caps\">PRO<\/span> APUs deli\u00adver up to 14 per\u00adcent more com\u00adpu\u00adte and 22 per\u00adcent more gra\u00adphic per\u00adfor\u00admance, and are 32 per\u00adcent more ener\u00adgy effi\u00adci\u00adent than the pre\u00advious gene\u00adra\u00adti\u00adon<sup>3<\/sup>, while pro\u00advi\u00adding a secu\u00adre and sta\u00adble plat\u00adform to pro\u00adtect cus\u00adto\u00admers\u2019 <span class=\"caps\">IT<\/span> investments.<\/li>\n<\/ol>\n<\/li>\n<\/ul>\n<\/li>\n<li>Sony <a href=\"http:\/\/blog.us.playstation.com\/2016\/09\/07\/playstation-meeting-2016-introducing-ps4-pro-and-the-slimmer-lighter-ps4\/\" target=\"_blank\"> announ\u00adced a new, thin\u00adner and ligh\u00adter <span class=\"caps\">PS4<\/span>, as well as the <span class=\"caps\">PS4<\/span> Pro<\/a> with sup\u00adport for <span class=\"caps\">4K<\/span> game\u00adplay, both powered by <span class=\"caps\">AMD<\/span> semi-cus\u00adtom&nbsp;SoCs.<\/li>\n<li><span class=\"caps\">AMD<\/span> <a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/amd-takes-embedded-2016sep27.aspx\"> announ\u00adced<\/a> two new, Pola\u00adris-based Embedded Rade\u00adon\u2122 dis\u00adcrete <span class=\"caps\">GPU<\/span> pro\u00adducts with <span class=\"caps\">4K<\/span> and <span class=\"caps\">3D<\/span> sup\u00adport \u2013 the <span class=\"caps\">E9260<\/span> and <span class=\"caps\">E9550<\/span> \u2013 tar\u00adge\u00adting medi\u00adcal ima\u00adging, digi\u00adtal signage and casi\u00adno gam\u00ading appli\u00adca\u00adti\u00adons, among others.<\/li>\n<li><span class=\"caps\">AMD<\/span> rein\u00adforced its com\u00admit\u00adment to open stan\u00addards by par\u00adti\u00adci\u00adpa\u00adting in <a href=\"https:\/\/community.amd.com\/community\/amd-corporate\/blog\/2016\/10\/14\/amd-joins-technology-industry-efforts-to-bring-open-standards-into-the-datacenter\"> three con\u00adsor\u00adtia<\/a> with the over\u00adar\u00adching goal of brin\u00adging open stan\u00addards to future ser\u00advers and dat\u00ada\u00adcen\u00adters through high-per\u00adfor\u00admance inter\u00adcon\u00adnect tech\u00adno\u00adlo\u00adgies. Other tech\u00adno\u00adlo\u00adgy lea\u00adders taking part in the\u00adse con\u00adsor\u00adtia include Dell <span class=\"caps\">EMC<\/span>, Goog\u00adle, <span class=\"caps\">HPE<\/span>, <span class=\"caps\">IBM<\/span>, Leno\u00advo, Qual\u00adcomm, Sam\u00adsung and Xilinx.<\/li>\n<li><span class=\"caps\">AMD<\/span> was reco\u00adgni\u00adzed for its com\u00admit\u00adment to cor\u00adpo\u00adra\u00adte respon\u00adsi\u00adbi\u00adli\u00adty by recei\u00adving the <a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/amd-wins-prestigious-2016sep07.aspx\"> Cata\u00adlyst Award by the Green Elec\u00adtro\u00adnics Coun\u00adcil<\/a> for its 25x20 Ener\u00adgy Effi\u00adci\u00aden\u00adcy Initia\u00adti\u00adve and being <a href=\"http:\/\/www.amd.com\/en-us\/press-releases\/Pages\/amd-recognized-by-2016sep13.aspx\"> named to the Dow Jones Sus\u00adtaina\u00adbi\u00adli\u00adty Index<\/a> for the 15<sup>th<\/sup> con\u00adse\u00adcu\u00adti\u00adve&nbsp;year.<\/li>\n<\/ul>\n<h3>Current Outlook<\/h3>\n<p><span class=\"caps\">AMD<\/span>\u2019s out\u00adlook state\u00adments are based on cur\u00adrent expec\u00adta\u00adti\u00adons. The fol\u00adlo\u00adwing state\u00adments are for\u00adward-loo\u00adking, and actu\u00adal results could dif\u00adfer mate\u00adri\u00adal\u00adly depen\u00adding on mar\u00adket con\u00addi\u00adti\u00adons and the fac\u00adtors set forth under \u201cCau\u00adtio\u00adna\u00adry State\u00adment\u201d&nbsp;below.<\/p>\n<p>For <span class=\"caps\">Q4<\/span> 2016, <span class=\"caps\">AMD<\/span> expects reve\u00adnue to decrease 18 per\u00adcent sequen\u00adti\u00adal\u00adly, plus or minus 3 per\u00adcent. The mid\u00adpoint of gui\u00addance would result in <span class=\"caps\">Q4<\/span> 2016 reve\u00adnue incre\u00adasing appro\u00adxi\u00adm\u00adate\u00adly 12 per\u00adcent year-over-year and 2016 reve\u00adnue incre\u00adasing 6 per\u00adcent from&nbsp;2015.<\/p>\n<p>For addi\u00adtio\u00adnal details regar\u00adding <span class=\"caps\">AMD<\/span>\u2019s results and out\u00adlook plea\u00adse see the <span class=\"caps\">CFO<\/span> com\u00admen\u00adta\u00adry pos\u00adted at <a href=\"http:\/\/ir.amd.com\/phoenix.zhtml?c=74093&amp;p=quarterlyearnings\"> quarterlyearnings.amd.com<\/a>.<\/p>\n<h3><span class=\"caps\">AMD<\/span> Teleconference<\/h3>\n<p><span class=\"caps\">AMD<\/span> will hold a con\u00adfe\u00adrence call for the finan\u00adcial com\u00admu\u00adni\u00adty at 2 p.m. <span class=\"caps\">PDT<\/span> (5 p.m. <span class=\"caps\">EDT<\/span>) today to dis\u00adcuss its third quar\u00adter finan\u00adcial results. <span class=\"caps\">AMD<\/span> will pro\u00advi\u00adde a real-time audio broad\u00adcast of the tele\u00adcon\u00adfe\u00adrence on the <a href=\"http:\/\/ir.amd.com\/phoenix.zhtml?c=74093&amp;p=irol-irhome\"> Inves\u00adtor Rela\u00adti\u00adons<\/a> page of its web\u00adsite at <a href=\"http:\/\/www.amd.com\/en-us\"> www.amd.com<\/a>. The web\u00adcast will be available for 12 months after the con\u00adfe\u00adrence&nbsp;call.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.amd.com\/PublishingImages\/graphics\/tables\/968px\/earnings3q2016\/3q2016-gaap-nongaap-recon.jpg\" alt><\/p>\n<h3>About <span class=\"caps\">AMD<\/span><\/h3>\n<p>For more than 45 years, <span class=\"caps\">AMD<\/span> has dri\u00adven inno\u00adva\u00adti\u00adon in high-per\u00adfor\u00admance com\u00adpu\u00adting, gra\u00adphics, and visua\u00adliza\u00adti\u00adon tech\u00adno\u00adlo\u00adgies \u2014 the buil\u00adding blocks for gam\u00ading, immersi\u00adve plat\u00adforms, and the dat\u00ada\u00adcen\u00adter. Hundreds of mil\u00adli\u00adons of con\u00adsu\u00admers, lea\u00adding For\u00adtu\u00adne 500 busi\u00adnesses, and cut\u00adting-edge sci\u00aden\u00adti\u00adfic rese\u00adarch faci\u00adli\u00adties around the world rely on <span class=\"caps\">AMD<\/span> tech\u00adno\u00adlo\u00adgy dai\u00adly to impro\u00adve how they live, work, and play. <span class=\"caps\">AMD<\/span> employees around the world are focu\u00adsed on buil\u00adding gre\u00adat pro\u00adducts that push the boun\u00adda\u00adries of what is pos\u00adsi\u00adble. For more infor\u00adma\u00adti\u00adon about how <span class=\"caps\">AMD<\/span> is enab\u00adling today and inspi\u00adring tomor\u00adrow, visit the <span class=\"caps\">AMD<\/span> (<span class=\"caps\">NASDAQ<\/span>: <span class=\"caps\">AMD<\/span>) <a href=\"http:\/\/www.amd.com\/en-us\">web\u00adsite<\/a>, <a href=\"https:\/\/community.amd.com\/welcome\">blog<\/a>, <a href=\"https:\/\/www.facebook.com\/AMD\" target=\"_blank\">Face\u00adbook<\/a> and <a href=\"https:\/\/twitter.com\/amd\" target=\"_blank\">Twit\u00adter<\/a> pages.<\/p>\n<h3>Cautionary Statement<\/h3>\n<p>This press release con\u00adta\u00adins for\u00adward-loo\u00adking state\u00adments con\u00adcer\u00adning Advan\u00adced Micro Devices, Inc. (<span class=\"caps\">AMD<\/span>) inclu\u00adding <span class=\"caps\">AMD<\/span>\u2019s expec\u00adted fourth quar\u00adter 2016 reve\u00adnue and expec\u00adted 2016 reve\u00adnue, the fea\u00adtures, func\u00adtion\u00ada\u00adli\u00adty, timing and avai\u00adla\u00adbi\u00adli\u00adty of <span class=\"caps\">AMD<\/span>\u2019s future pro\u00adducts; <span class=\"caps\">AMD<\/span>\u2019s expec\u00adta\u00adti\u00adon that it will deli\u00adver hig\u00adher 2016 annu\u00adal reve\u00adnue based on stron\u00adger demand for <span class=\"caps\">AMD<\/span> semi-cus\u00adtom solu\u00adti\u00adons and Pola\u00adris GPUs; <span class=\"caps\">AMD<\/span>\u2019s abili\u00adty to acce\u00adle\u00adra\u00adte growth as it intro\u00addu\u00adces new high-per\u00adfor\u00admance com\u00adpu\u00adting and gra\u00adphics pro\u00adducts in 2017; and <span class=\"caps\">AMD<\/span>\u2019s plans to fur\u00adther redu\u00adce its debt by deploy\u00ading a signi\u00adfi\u00adcant por\u00adti\u00adon of its remai\u00adning cash from its capi\u00adtal mar\u00adkets tran\u00adsac\u00adtions, which are made pur\u00adsu\u00adant to the Safe Har\u00adbor pro\u00advi\u00adsi\u00adons of the Pri\u00adva\u00adte Secu\u00adri\u00adties Liti\u00adga\u00adti\u00adon Reform Act of 1995. For\u00adward-loo\u00adking state\u00adments are com\u00admon\u00adly iden\u00adti\u00adfied by words such as \u201cwould,\u201d \u201cmay,\u201d \u201cexpects,\u201d \u201cbelie\u00adves,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cpro\u00adjects\u201d and other terms with simi\u00adlar mea\u00adning. Inves\u00adtors are cau\u00adtio\u00adned that the for\u00adward-loo\u00adking state\u00adments in this docu\u00adment are based on cur\u00adrent beliefs, assump\u00adti\u00adons and expec\u00adta\u00adti\u00adons, speak only as of the date of this docu\u00adment and invol\u00adve risks and uncer\u00adtain\u00adties that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from cur\u00adrent expec\u00adta\u00adti\u00adons. Such state\u00adments are sub\u00adject to cer\u00adtain known and unknown risks and uncer\u00adtain\u00adties, many of which are dif\u00adfi\u00adcult to pre\u00addict and gene\u00adral\u00adly bey\u00adond <span class=\"caps\">AMD<\/span>\u2019s con\u00adtrol, that could cau\u00adse actu\u00adal results and other future events to dif\u00adfer mate\u00adri\u00adal\u00adly from tho\u00adse expres\u00adsed in, or impli\u00aded or pro\u00adjec\u00adted by, the for\u00adward-loo\u00adking infor\u00adma\u00adti\u00adon and state\u00adments. Mate\u00adri\u00adal fac\u00adtors that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from cur\u00adrent expec\u00adta\u00adti\u00adons include, wit\u00adhout limi\u00adta\u00adti\u00adon, the fol\u00adlo\u00adwing: Intel Corporation\u2019s domi\u00adnan\u00adce of the micro\u00adpro\u00adces\u00adsor mar\u00adket and its aggres\u00adsi\u00adve busi\u00adness prac\u00adti\u00adces may limit <span class=\"caps\">AMD<\/span>\u2019s abili\u00adty to com\u00adpe\u00adte effec\u00adtively; <span class=\"caps\">AMD<\/span> reli\u00ades on <span class=\"caps\">GLOBALFOUNDRIES<\/span> <span class=\"caps\">INC<\/span>. (<span class=\"caps\">GF<\/span>) to manu\u00adfac\u00adtu\u00adre all of its micro\u00adpro\u00adces\u00adsor and acce\u00adle\u00adra\u00adted pro\u00adces\u00adsing unit (<span class=\"caps\">APU<\/span>) pro\u00adducts and a cer\u00adtain por\u00adti\u00adon of its dis\u00adcrete gra\u00adphics pro\u00adces\u00adsing units (GPUs) pro\u00adducts, with limi\u00adt\u00aded excep\u00adti\u00adons. If <span class=\"caps\">GF<\/span> is not able to satis\u00adfy <span class=\"caps\">AMD<\/span>\u2019s manu\u00adfac\u00adtu\u00adring requi\u00adre\u00adments, its busi\u00adness could be adver\u00adse\u00adly impac\u00adted; <span class=\"caps\">AMD<\/span> reli\u00ades on third par\u00adties to manu\u00adfac\u00adtu\u00adre its pro\u00adducts, and if they are unable to do so on a time\u00adly basis in suf\u00adfi\u00adci\u00adent quan\u00adti\u00adties and using com\u00adpe\u00adti\u00adti\u00adve tech\u00adno\u00adlo\u00adgies, <span class=\"caps\">AMD<\/span>\u2019s busi\u00adness could be mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted; fail\u00adure to achie\u00adve expec\u00adted manu\u00adfac\u00adtu\u00adring yields for <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts could nega\u00adtively impact its finan\u00adcial results; the suc\u00adcess of <span class=\"caps\">AMD<\/span>\u2019s busi\u00adness is depen\u00addent upon its abili\u00adty to intro\u00addu\u00adce pro\u00adducts on a time\u00adly basis with fea\u00adtures and per\u00adfor\u00admance levels that pro\u00advi\u00adde value to its cus\u00adto\u00admers while sup\u00adport\u00ading and coin\u00adci\u00adding with signi\u00adfi\u00adcant indus\u00adtry tran\u00adsi\u00adti\u00adons; if <span class=\"caps\">AMD<\/span> can\u00adnot gene\u00adra\u00adte suf\u00adfi\u00adci\u00adent reve\u00adnue and ope\u00adra\u00adting cash flow or obtain exter\u00adnal finan\u00adcing, it may face a cash short\u00adfall and be unable to make all of its plan\u00adned invest\u00adments in rese\u00adarch and deve\u00adlo\u00adp\u00adment or other stra\u00adte\u00adgic invest\u00adments; the loss of a signi\u00adfi\u00adcant cus\u00adto\u00admer may have a mate\u00adri\u00adal adver\u00adse effect on <span class=\"caps\">AMD<\/span>; <span class=\"caps\">AMD<\/span>\u2019s receipt of reve\u00adnue from its semi-cus\u00adtom SoC pro\u00adducts is depen\u00addent upon its tech\u00adno\u00adlo\u00adgy being desi\u00adgned into third-par\u00adty pro\u00adducts and the suc\u00adcess of tho\u00adse pro\u00adducts; glo\u00adbal eco\u00adno\u00admic uncer\u00adtain\u00adty may adver\u00adse\u00adly impact <span class=\"caps\">AMD<\/span>\u2019s busi\u00adness and ope\u00adra\u00adting results; <span class=\"caps\">AMD<\/span> may not be able to gene\u00adra\u00adte suf\u00adfi\u00adci\u00adent cash to ser\u00advice its debt obli\u00adga\u00adti\u00adons or meet its working capi\u00adtal requi\u00adre\u00adments; <span class=\"caps\">AMD<\/span> has a sub\u00adstan\u00adti\u00adal amount of indeb\u00adted\u00adness which could adver\u00adse\u00adly affect its finan\u00adcial posi\u00adti\u00adon and pre\u00advent it from imple\u00admen\u00adting its stra\u00adtegy or ful\u00adfil\u00adling its con\u00adtrac\u00adtu\u00adal obli\u00adga\u00adti\u00adons; the agree\u00adments gover\u00adning <span class=\"caps\">AMD<\/span>\u2019s notes and the Secu\u00adred Revol\u00adving Line of Cre\u00addit impo\u00adse rest\u00adric\u00adtions on <span class=\"caps\">AMD<\/span> that may adver\u00adse\u00adly affect its abili\u00adty to ope\u00adra\u00adte its busi\u00adness; the mar\u00adkets in which <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts are sold are high\u00adly com\u00adpe\u00adti\u00adti\u00adve; uncer\u00adtain\u00adties invol\u00adving the orde\u00adring and ship\u00adment of <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts could mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affect it; the demand for <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts depends in part on the mar\u00adket con\u00addi\u00adti\u00adons in the indus\u00adtries into which they are sold. Fluc\u00adtua\u00adtions in demand for <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts or a mar\u00adket decli\u00adne in any of the\u00adse indus\u00adtries could have a mate\u00adri\u00adal adver\u00adse effect on its results of ope\u00adra\u00adti\u00adons; the com\u00adple\u00adti\u00adon and impact of the 2015 Res\u00adtruc\u00adtu\u00adring Plan, its trans\u00adfor\u00adma\u00adti\u00adon initia\u00adti\u00adves and any future res\u00adtruc\u00adtu\u00adring actions could adver\u00adse\u00adly affect it; <span class=\"caps\">AMD<\/span>\u2019s abili\u00adty to design and intro\u00addu\u00adce new pro\u00adducts in a time\u00adly man\u00adner is depen\u00addent upon third-par\u00adty intellec\u00adtu\u00adal pro\u00adper\u00adty; <span class=\"caps\">AMD<\/span> depends on third-par\u00adty com\u00adpa\u00adnies for the design, manu\u00adfac\u00adtu\u00adre and sup\u00adp\u00adly of mother\u00adboards, soft\u00adware and other com\u00adpu\u00adter plat\u00adform com\u00adpon\u00adents to sup\u00adport its busi\u00adness; if <span class=\"caps\">AMD<\/span> loses Micro\u00adsoft Corporation\u2019s sup\u00adport for its pro\u00adducts or other soft\u00adware ven\u00addors do not design and deve\u00adlop soft\u00adware to run on <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts, its abili\u00adty to sell its pro\u00adducts could be mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted; <span class=\"caps\">AMD<\/span>\u2019s reli\u00adance on third-par\u00adty dis\u00adtri\u00adbu\u00adtors and <span class=\"caps\">AIB<\/span> part\u00adners sub\u00adjects it to cer\u00adtain risks; <span class=\"caps\">AMD<\/span>\u2019s ina\u00adbi\u00adli\u00adty to con\u00adti\u00adnue to attract and retain qua\u00adli\u00adfied per\u00adson\u00adnel may hin\u00adder its pro\u00adduct deve\u00adlo\u00adp\u00adment pro\u00adgrams; in the event of a chan\u00adge of con\u00adtrol, <span class=\"caps\">AMD<\/span> may not be able to repurcha\u00adse its out\u00adstan\u00adding debt as requi\u00adred by the appli\u00adca\u00adble inden\u00adtures and its Secu\u00adred Revol\u00adving Line of Cre\u00addit, which would result in a default under the inden\u00adtures and its Secu\u00adred Revol\u00adving Line of Cre\u00addit; the semi\u00adcon\u00adduc\u00adtor indus\u00adtry is high\u00adly cycli\u00adcal and has expe\u00adri\u00aden\u00adced seve\u00adre down\u00adturns that have mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted, and may con\u00adti\u00adnue to mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affect its busi\u00adness in the future; acqui\u00adsi\u00adti\u00adons, dives\u00adti\u00adtures and\/or joint ven\u00adtures could dis\u00adrupt its busi\u00adness, harm its finan\u00adcial con\u00addi\u00adti\u00adon and ope\u00adra\u00adting results or dilute, or adver\u00adse\u00adly affect the pri\u00adce of, its com\u00admon stock; <span class=\"caps\">AMD<\/span>\u2019s busi\u00adness is depen\u00addent upon the pro\u00adper func\u00adtio\u00adning of its inter\u00adnal busi\u00adness pro\u00adces\u00adses and infor\u00adma\u00adti\u00adon sys\u00adtems and modi\u00adfi\u00adca\u00adti\u00adon or inter\u00adrup\u00adti\u00adon of such sys\u00adtems may dis\u00adrupt its busi\u00adness, pro\u00adces\u00adses and inter\u00adnal con\u00adtrols; data brea\u00adches and cyber-attacks could com\u00adpro\u00admi\u00adse <span class=\"caps\">AMD<\/span>\u2019s intellec\u00adtu\u00adal pro\u00adper\u00adty or other sen\u00adsi\u00adti\u00adve infor\u00adma\u00adti\u00adon, be cos\u00adt\u00adly to reme\u00addia\u00adte and cau\u00adse signi\u00adfi\u00adcant dama\u00adge to its busi\u00adness and repu\u00adta\u00adti\u00adon; <span class=\"caps\">AMD<\/span>\u2019s ope\u00adra\u00adting results are sub\u00adject to quar\u00adter\u00adly and sea\u00adso\u00adnal sales pat\u00adterns; if essen\u00adti\u00adal equip\u00adment, mate\u00adri\u00adals or manu\u00adfac\u00adtu\u00adring pro\u00adces\u00adses are not available to manu\u00adfac\u00adtu\u00adre its pro\u00adducts, <span class=\"caps\">AMD<\/span> could be mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted; if <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts are not com\u00adpa\u00adti\u00adble with some or all indus\u00adtry-stan\u00addard soft\u00adware and hard\u00adware, it could be mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted; cos\u00adts rela\u00adted to defec\u00adti\u00adve pro\u00adducts could have a mate\u00adri\u00adal adver\u00adse effect on <span class=\"caps\">AMD<\/span>; if <span class=\"caps\">AMD<\/span> fails to main\u00adtain the effi\u00adci\u00aden\u00adcy of its sup\u00adp\u00adly chain as it responds to chan\u00adges in cus\u00adto\u00admer demand for its pro\u00adducts, its busi\u00adness could be mate\u00adri\u00adal\u00adly adver\u00adse\u00adly affec\u00adted; <span class=\"caps\">AMD<\/span> out\u00adsour\u00adces to third par\u00adties cer\u00adtain sup\u00adp\u00adly-chain logi\u00adstics func\u00adtions, inclu\u00adding por\u00adti\u00adons of its pro\u00adduct dis\u00adtri\u00adbu\u00adti\u00adon, trans\u00adpor\u00adta\u00adti\u00adon manage\u00adment and infor\u00adma\u00adti\u00adon tech\u00adno\u00adlo\u00adgy sup\u00adport ser\u00advices; <span class=\"caps\">AMD<\/span> may incur future impairm\u00adents of good\u00adwill; <span class=\"caps\">AMD<\/span>\u2019s world\u00adwi\u00adde ope\u00adra\u00adti\u00adons are sub\u00adject to poli\u00adti\u00adcal, legal and eco\u00adno\u00admic risks and natu\u00adral dis\u00adas\u00adters, which could have a mate\u00adri\u00adal adver\u00adse effect on it; world\u00adwi\u00adde poli\u00adti\u00adcal con\u00addi\u00adti\u00adons may adver\u00adse\u00adly affect demand for <span class=\"caps\">AMD<\/span>\u2019s pro\u00adducts; unfa\u00advorable cur\u00adren\u00adcy exch\u00adan\u00adge rate fluc\u00adtua\u00adtions could adver\u00adse\u00adly affect <span class=\"caps\">AMD<\/span>; <span class=\"caps\">AMD<\/span>\u2019s ina\u00adbi\u00adli\u00adty to effec\u00adtively con\u00adtrol the sales of its pro\u00adducts on the gray mar\u00adket could have a mate\u00adri\u00adal adver\u00adse effect on it; if <span class=\"caps\">AMD<\/span> can\u00adnot ade\u00adqua\u00adte\u00adly pro\u00adtect its tech\u00adno\u00adlo\u00adgy or other intellec\u00adtu\u00adal pro\u00adper\u00adty in the United Sta\u00adtes and abroad, through patents, copy\u00adrights, trade secrets, trade\u00admarks and other mea\u00adsu\u00adres, it may lose a com\u00adpe\u00adti\u00adti\u00adve advan\u00adta\u00adge and incur signi\u00adfi\u00adcant expen\u00adses; <span class=\"caps\">AMD<\/span> is a par\u00adty to liti\u00adga\u00adti\u00adon and may beco\u00adme a par\u00adty to other claims or liti\u00adga\u00adti\u00adon that could cau\u00adse it to incur sub\u00adstan\u00adti\u00adal cos\u00adts or pay sub\u00adstan\u00adti\u00adal dama\u00adges or pro\u00adhi\u00adbit it from sel\u00adling its pro\u00adducts; <span class=\"caps\">AMD<\/span>\u2019s busi\u00adness is sub\u00adject to poten\u00adti\u00adal tax lia\u00adbi\u00adli\u00adties; and <span class=\"caps\">AMD<\/span> is sub\u00adject to envi\u00adron\u00admen\u00adtal laws, con\u00adflict mine\u00adrals-rela\u00adted pro\u00advi\u00adsi\u00adons of the Dodd-Frank Wall Street Reform and Con\u00adsu\u00admer Pro\u00adtec\u00adtion Act as well as a varie\u00adty of other laws or regu\u00adla\u00adti\u00adons that could result in addi\u00adtio\u00adnal cos\u00adts and lia\u00adbi\u00adli\u00adties. Inves\u00adtors are urged to review in detail the risks and uncer\u00adtain\u00adties in <span class=\"caps\">AMD<\/span>\u2019s Secu\u00adri\u00adties and Exch\u00adan\u00adge Com\u00admis\u00adsi\u00adon filings, inclu\u00adding but not limi\u00adt\u00aded to <span class=\"caps\">AMD<\/span>\u2019s Quar\u00adter\u00adly Report on Form 10\u2011Q for the quar\u00adter ended June 25,&nbsp;2016.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.amd.com\/PublishingImages\/graphics\/tables\/968px\/earnings3q2016\/3q2016-pl-gaap.jpg\" alt><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.amd.com\/PublishingImages\/graphics\/tables\/968px\/earnings3q2016\/3q2016-balance.jpg\" alt><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.amd.com\/PublishingImages\/graphics\/tables\/968px\/earnings3q2016\/3q2016-cf.jpg\" alt><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.amd.com\/PublishingImages\/graphics\/tables\/968px\/earnings3q2016\/3q2016-seg1.jpg\" alt><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.amd.com\/PublishingImages\/graphics\/tables\/968px\/earnings3q2016\/3q2016-seg2.jpg\" alt><\/p>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"caps\">SUNNYVALE<\/span>, Calif. 10\/20\/2016 <span class=\"caps\">AMD<\/span> (<span class=\"caps\">NASDAQ<\/span>:<span class=\"caps\">AMD<\/span>) today announ\u00adced reve\u00adnue for the third quar\u00adter of 2016 of $1,307 mil\u00adli\u00adon, ope\u00adra\u00adting loss of $293 mil\u00adli\u00adon, and net loss of $406 mil\u00adli\u00adon, or $0.50 per share. Non-GAAP1 ope\u00adra\u00adting inco\u00adme was $70 mil\u00adli\u00adon and non-GAAP1 net inco\u00adme was $27 mil\u00adli\u00adon, or $0.03 per&nbsp;share. \u201cOur third quar\u00adter finan\u00adcial results high\u00adlight the (\u2026) <a class=\"moretag\" href=\"https:\/\/www.planet3dnow.de\/cms\/26854-amd-reports-2016-third-quarter-results\/\">Wei\u00adter\u00adle\u00adsen&nbsp;\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-26854","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/26854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=26854"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/26854\/revisions"}],"predecessor-version":[{"id":26855,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/26854\/revisions\/26855"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=26854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=26854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=26854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}