Cautionary Statement
This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) including the features, functionality, availability, timing, deployment, and expected benefits of the AMD Ryzen™ Processor with Radeon™ Vega Graphics and AMD’s goal of making AMD processors with integrated GPUs 25X more energy efficient by 2020, 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 has a wafer supply agreement with GF with obligations to purchase all of its microprocessor and APU product requirements, and a certain portion of its GPU product requirements, from GLOBALFOUNDRIES Inc. (GF) with limited exceptions. If GF is not able to satisfy AMD’s manufacturing requirements, its business could be adversely impacted; 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; 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 uncertainty may adversely impact AMD’s business and operating results; the markets in which AMD’s products are sold are highly competitive; 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 its ability to operate its business; AMD's issuance to West Coast Hitech L.P. (WCH) of warrants to purchase 75 million shares of its common stock, if and when exercised, will dilute the ownership interests of its existing stockholders, and the conversion of the 2.125% Convertible Senior Notes due 2026 may dilute the ownership interest of its 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 AIB 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 July 1, 2017.
Vega is a codename for an AMD architecture and is not a product name.
AMD, the AMD Arrow logo, Ryzen, Radeon, FreeSync 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.
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1 “Processor for ultrathin laptops” defined as 15W nominal processor TDP. Based on testing of the AMD Ryzen™ 7 2700U, AMD Ryzen™ 5 2500U, and Core i7-8550U 15W mobile processors as of 10/6/2017. Performance based on Cinebench R15 nT (“CPU performance”) and 3DMark® TimeSpy (“GPU performance”) in order of AMD Ryzen 7 2700U, AMD Ryzen 5 2500U and Intel 8550U. AMD Ryzen™ 7 2700U: AMD Reference, AMD Ryzen™ 7 2700U with Radeon™ Vega 10 Processor Graphics, 8GB DDR4-2400 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 23.20.768.9, 26-Sep-2017
AMD Ryzen™ 5 2500U: AMD Reference, AMD Ryzen™ 5 2500U with AMD Radeon™ Vega 8 Mobile Graphics, 8GB DDR4-2400 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 23.20.768.9, 26-Sep-2017
Core i7-8550U: Acer Spin 5, Core i7-8550U with Intel UHD Graphics 620, 8GB DDR4-2400 RAM, MTFDDAV256TBN - M.2 Sata SSD, Windows 10 Pro RS2, Graphics driver 22.20.16.4771, 12-Aug-2017
Cinebench R15 nT results: 719/144%, 598/120%, 498/100%. 3DMark TimeSpy results: 915/261%, 812/232%, 350/100%. 50:50 weighted sum of relative CPU and GPU performance deltas: 100% for 8550U, 176% for 2500U, 203% for 2700U. Performance results may vary with configuration and driver versions. RVM-13
2 AMD SenseMI technology is built into all Ryzen processors, but specific features and their enablement may vary by product and platform. Learn more at www.amd.com/en/technologies/sense-mi mXFR enablement must meet AMD requirements. Not enabled on all notebook designs. Check with manufacturer to confirm “amplified mXFR performance” support.
3 Based on AMD testing as of 9/25/2017. System configuration(s): AMD Reference Motherboard (Ryzen™ 7 2700U), Acer Spin 5 (8550U), HP ENVY X360 (7500U), 2x4GB DDR4-2400, Samsung 850 Pro SSD, Windows 10 x64 1703, 1920x1080. Intel Graphics Driver: 22.20.16.4691. AMD Graphics Driver: 23.20.768.9. Cinebench R15 1t/nT scores: 144/719 (2700U) vs. 159/498 (8550U) vs. 147/325 (7500U). Cinebench R15 1t scores vs. Ryzen™ 7 2700U Baseline of 144: 7500U = 102%, 8550U = 110%. Ryzen™ 7 2700U Cinebench R15 nT score of 719 is 221% of 7500U and 144% of 8550U. Different configurations may yield different results.
4 Based on AMD testing as of 9/25/2017. Common system configurations: Samsung 850 Pro SSD, Windows 10 x64 1703, 1920x1080; Intel Graphics Driver: 22.20.16.4691; AMD Ryzen™ mobile APU Graphics Driver: 23.20.768.9; AMD FX-9800P Graphics Driver: 22.19.662.4; AMD FX-9800P configured in HP ENVY X360 (1x8GB DDR4-2133). AMD Ryzen™ 7 2700U configured in AMD reference platform (2x4GB DDR4-2400). Core i7-8550U configured in Acer Swift 3 (2x4GB DDR4-2400). Core i7-7500U configured in HP ENVY X360 (2x4GB DDR4-2400). Graphics results measured with 3DMark® TimeSpy. Core i7-8550U score (350) is baseline 100%. Core i7-7500U score (377) is 107% of baseline. AMD FX-9800P score (400) is 114% of baseline. AMD Ryzen™ 7 2700U score (915) is 261% of baseline. Different configurations may yield different results.
5 Testing by AMD Performance labs as of 10/05/2017. PC manufacturers may vary configurations yielding different results. Performance may vary with driver versions. AMD Ryzen™ 7 2700U: AMD Reference, AMD Ryzen™ 7 2700U with Radeon™ Vega 10 Processor Graphics, 8GB DDR4-2400 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 23.20.768.9, 26-Sep-2017. AMD FX™ 9800P: HP 81AA, AMD FX™ 9800P with Radeon™ R7 Mobile Graphics, 8GB DDR4-2133 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 22.19.662.4, 19-Jul-2017. Cinebench R15 nT is used to simulate CPU performance; the AMD Ryzen™ 7 2700U scored 719, while the FX 9800P scored 240 for a benchmark score comparison of 719/240 = 3.00X or 200% more. RVM-16
6 Testing by AMD Performance labs. PC manufacturers may vary configurations yielding different results. Performance may vary with driver versions. AMD Ryzen™ 7 2700U: AMD Reference, AMD Ryzen™ 7 2700U with Radeon™ Vega 10 Processor Graphics, 8GB DDR4-2400 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 23.20.768.9, 26-Sep-2017. AMD FX™ 9800P: HP 81AA, AMD FX™ 9800P with Radeon™ R7 Mobile Graphics, 8GB DDR4-2133 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 22.19.662.4, 19-Jul-20173DMark® Time Spy is used to simulate graphics performance; the AMD Ryzen™ 7 2700U scored 915, while the AMD FX™ 9800P scored 400 for a benchmark score comparison of 915/400 = 2.29X or 129% more performance. RVM-17
