{"id":58594,"date":"2020-09-23T12:57:53","date_gmt":"2020-09-23T10:57:53","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=58594"},"modified":"2020-09-23T12:57:53","modified_gmt":"2020-09-23T10:57:53","slug":"moodys-announces-completion-of-a-periodic-review-of-ratings-of-advanced-micro-devices-inc","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/58594-moodys-announces-completion-of-a-periodic-review-of-ratings-of-advanced-micro-devices-inc\/","title":{"rendered":"Moody\u2019s announces completion of a periodic review of ratings of Advanced Micro Devices, Inc."},"content":{"rendered":"
 <\/div>\n
\n
 <\/div>\n
\n
\n
\n

New York, Sep\u00adtem\u00adber 21, 2020 \u2014 Moody\u2019s Inves\u00adtors Ser\u00advice (\u201cMoody\u2019s\u201d) has com\u00adple\u00adted a peri\u00adodic review of the ratings of Advan\u00adced Micro Devices, Inc. and other ratings that are asso\u00adcia\u00adted with the same ana\u00adly\u00adti\u00adcal unit. The review was con\u00adduc\u00adted through a port\u00adfo\u00adlio review in which Moody\u2019s reas\u00adses\u00adsed the appro\u00adpria\u00adten\u00adess of the ratings in the con\u00adtext of the rele\u00advant prin\u00adci\u00adpal methodology(ies), recent deve\u00adlo\u00adp\u00adments, and a com\u00adpa\u00adri\u00adson of the finan\u00adcial and ope\u00adra\u00adting pro\u00adfi\u00adle to simi\u00adlar\u00adly rated peers. The review did not invol\u00adve a rating com\u00admit\u00adtee. Sin\u00adce 1 Janu\u00adary 2019, Moody\u2019s prac\u00adti\u00adce has been to issue a press release fol\u00adlo\u00adwing each peri\u00adodic review to announ\u00adce its completion.<\/p>\n

 <\/p>\n

This publi\u00adca\u00adti\u00adon does not announ\u00adce a cre\u00addit rating action and is not an indi\u00adca\u00adti\u00adon of whe\u00adther or not a cre\u00addit rating action is likely in the near future. Cre\u00addit ratings and outlook\/review sta\u00adtus can\u00adnot be chan\u00adged in a port\u00adfo\u00adlio review and hence are not impac\u00adted by this announce\u00adment. For any cre\u00addit ratings refe\u00adren\u00adced in this publi\u00adca\u00adti\u00adon, plea\u00adse see the ratings tab on the issuer\/entity page on www.moodys.com for the most updated cre\u00addit rating action infor\u00adma\u00adti\u00adon and rating history.<\/p>\n

 <\/p>\n

Key rating con\u00adside\u00adra\u00adti\u00adons are sum\u00adma\u00adri\u00adzed below.<\/p>\n

 <\/p>\n

AMD<\/span>\u2019s Baa3 seni\u00ador unse\u00adcu\u00adred reflects the company\u2019s strong per\u00adfor\u00admance out\u00adlook, dri\u00adven by con\u00adtin\u00adued design wins, mar\u00adket share gains, and an expan\u00added set of pro\u00adduct offe\u00adrings and cus\u00adto\u00admers. With recent new pro\u00adduct laun\u00adches, we expect strong reve\u00adnue growth in 2020 dri\u00adven by new desk\u00adtop, mobi\u00adle, ser\u00adver, and gra\u00adphics chips, and the launch of semi-cus\u00adtom reve\u00adnue rela\u00adted to game con\u00adso\u00adles in the second half of 2020. Moody\u2019s pro\u00adjects AMD<\/span>\u2019s alre\u00ada\u00addy low levera\u00adge will con\u00adti\u00adnue to decli\u00adne while the company\u2019s liqui\u00addi\u00adty pro\u00adfi\u00adle remains excel\u00adlent. Key chal\u00adlenges include the abili\u00adty to con\u00adsis\u00adt\u00adent\u00adly exe\u00adcu\u00adte pro\u00adduct and tech\u00adno\u00adlo\u00adgy tran\u00adsi\u00adti\u00adons and with\u00adstand com\u00adpe\u00adti\u00adti\u00adon from strong com\u00adpe\u00adti\u00adtors such as Intel and Nvi\u00addia remain key challenges.<\/p>\n

 <\/p>\n

This docu\u00adment sum\u00adma\u00adri\u00adzes Moody\u2019s view as of the publi\u00adca\u00adti\u00adon date and will not be updated until the next peri\u00adodic review announce\u00adment, which will incor\u00adpo\u00adra\u00adte mate\u00adri\u00adal chan\u00adges in cre\u00addit cir\u00adcum\u00ads\u00adtances (if any) during the inter\u00advening period.<\/p>\n

 <\/p>\n

The prin\u00adci\u00adpal metho\u00addo\u00adlo\u00adgy used for this review was Semi\u00adcon\u00adduc\u00adtor Indus\u00adtry published in July 2018. Plea\u00adse see the Rating Metho\u00addo\u00adlo\u00adgies page on www.moodys.com for a copy of this methodology.<\/p>\n

 <\/p>\n

This announce\u00adment appli\u00ades only to EU<\/span> rated and EU<\/span> endor\u00adsed ratings. Non EU<\/span> rated and non EU<\/span> endor\u00adsed ratings may be refe\u00adren\u00adced abo\u00adve to the ext\u00adent neces\u00adsa\u00adry, if they are part of the same ana\u00adly\u00adti\u00adcal unit.<\/p>\n

 <\/p>\n

This publi\u00adca\u00adti\u00adon does not announ\u00adce a cre\u00addit rating action. For any cre\u00addit ratings refe\u00adren\u00adced in this publi\u00adca\u00adti\u00adon, plea\u00adse see the ratings tab on the issuer\/entity page on www.moodys.com for the most updated cre\u00addit rating action infor\u00adma\u00adti\u00adon and rating history.<\/p>\n

 <\/p>\n

Richard J. Lane
\nSeni\u00ador Vice President
\nCor\u00adpo\u00adra\u00adte Finan\u00adce Group
\nMoody\u2019s Inves\u00adtors Ser\u00advice, Inc.
\n250 Green\u00adwich Street
\nNew York, NY<\/span> 10007
\nU.S.A.
\nJOURNALISTS<\/span>: 1 212 553 0376
\nCli\u00adent Ser\u00advice: 1 212 553 1653<\/p>\n

Len\u00adny J. Ajzenman
\nAsso\u00adcia\u00adte Mana\u00adging Director
\nCor\u00adpo\u00adra\u00adte Finan\u00adce Group
\nJOURNALISTS<\/span>: 1 212 553 0376
\nCli\u00adent Ser\u00advice: 1 212 553 1653<\/p>\n

 <\/p>\n

Releasing Office:
\nMoody\u2019s Inves\u00adtors Ser\u00advice, Inc.
\n250 Green\u00adwich Street
\nNew York, NY<\/span> 10007
\nU.S.A.
\nJOURNALISTS<\/span>: 1 212 553 0376
\nCli\u00adent Ser\u00advice: 1 212 553 1653<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New York, Sep\u00adtem\u00adber 21, 2020 \u2014 Moody\u2019s Inves\u00adtors Ser\u00advice (\u201cMoody\u2019s\u201d) has com\u00adple\u00adted a peri\u00adodic review of the ratings of Advan\u00adced Micro Devices, Inc. and other ratings that are asso\u00adcia\u00adted with the same ana\u00adly\u00adti\u00adcal unit. The review was con\u00adduc\u00adted through a port\u00adfo\u00adlio review in which Moody\u2019s reas\u00adses\u00adsed the appro\u00adpria\u00adten\u00adess of the ratings in the con\u00adtext of the rele\u00advant prin\u00adci\u00adpal methodology(ies), recent deve\u00adlo\u00adp\u00adments, and a com\u00adpa\u00adri\u00adson of the finan\u00adcial and ope\u00adra\u00adting pro\u00adfi\u00adle to simi\u00adlar\u00adly rated peers. The review did not invol\u00adve a rating com\u00admit\u00adtee. Sin\u00adce 1 Janu\u00adary 2019, Moody\u2019s prac\u00adti\u00adce has been to issue a press release fol\u00adlo\u00adwing each peri\u00adodic review to announ\u00adce its com\u00adple\u00adti\u00adon. (\u2026) Wei\u00adter\u00adle\u00adsen \u00bb<\/a><\/p>\n","protected":false},"author":593,"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":[966,2266,2411],"class_list":["post-58594","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","tag-amd","tag-kreditrating","tag-moody","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/58594","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\/593"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=58594"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/58594\/revisions"}],"predecessor-version":[{"id":58595,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/58594\/revisions\/58595"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=58594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=58594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=58594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}