Advanced Micro Devices, Inc.

News and overview for Advanced Micro Devices, Inc.

AMD Announces Pricing of Private Offering of $500 Million of Senior Notes [Press Release]
Business Wire | 1 day 13 hours 38 minutes ago
Advanced Micro Devices, Inc. (NYSE:AMD) today announced that it has agreed to sell $500 million aggregate principal amount of its 8.125% Senior Notes due 2017 in a private offering. AMD intends to close the transaction on November 30, 2009.


AMD says it will sell $500M in senior notes due 2017, and use funds to buy notes due in 2012 -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 1 day 11 hours 33 minutes ago
SUNNYVALE, Calif. (AP) — Chip maker Advanced Micro Devices Inc. said Monday it will sell $500 million in senior notes in a private offering.


AMD says it will sell $500M in senior notes due 2017, and use funds to buy notes due in 2012
Sun (Baltimore), The | 1 day 11 hours 20 minutes ago
Chip maker Advanced Micro Devices Inc. said Monday it will sell $500 million in senior notes in a private offering.


Fitch Affirms AMD's IDR at 'B-'; Revises Outlook to Positive [Press Release]
Business Wire | 1 day 10 hours 30 minutes ago
Fitch Ratings has taken the following rating actions on Advanced Micro Devices Inc. (NYSE: AMD):


Troublemaker Studios Transforms Imagination into Reality on the Big Screen with AMD Technology [Press Release]
Business Wire | 10 hours 23 minutes ago
AMD (NYSE: AMD) announced that Troublemaker Studios is using Six-Core AMD Opteron™ processors and ATI FirePro™ graphics accelerators to create animations and special effects for its films, including “Shorts,” now available on Blu-ray and DVD.


AMD Announces Private Offering of $500 Million of Senior Notes [Press Release]
Business Wire | 6 days 22 hours 48 minutes ago
Advanced Micro Devices, Inc. (NYSE: AMD) today announced that it intends to commence an offering, subject to market and other conditions, of $500 million aggregate principal amount of senior notes in a private offering. AMD intends to use the proceeds, along with existing cash, to purchase its 5.75% Convertible Senior Notes due 2012 validly tendered pursuant to the company’s tender offer for such notes, which was also announced today. Net proceeds not used in the tender offer, if any, will be...


Bates White Supports Experts in Landmark Microprocessor Antitrust Case: AMD v. Intel Settles for $1.25 Billion [Press Release]
PRNewswire | 5 days 7 hours 31 minutes ago
WASHINGTON, Nov. 19 /PRNewswire/ --


Moody's hikes AMD rating to 'B2'; outlook positive - MarketWatch
MarketWatch | 8 days 19 hours 34 minutes ago
Moody's hikes AMD rating to 'B2'; outlook positive


PLX PCI Express Switch Enables Blinding Speed on New ATI Radeon Flagship Graphics Card [Press Release]
Business Wire | 1 day 21 hours 48 minutes ago
PLX Technology, Inc. (NASDAQ:PLXT), the leading global supplier of PCI Express® (PCIe®) switch and bridge solutions, today announced its PEX 8647 PCIe Gen 2 switch is the high-performance, peer-to-peer connectivity solution on the new premium ATI Radeon™ HD 5970 dual-GPU graphics cards from AMD® (NYSE:AMD). The innovative ATI Radeon HD 5970, recently released and targeting extreme gamers, offers superior graphics execution via the industry’s fastest video card. The powerful ATI Radeon HD 5970...


S&P upgrades AMD to 'B-' after Intel settlement - MarketWatch
MarketWatch | 11 days 14 hours 44 minutes ago
Crude oil ends down 59 cents at $76.35 a barrel


Chips lead tech rally, as Intel, AMD rise - MarketWatch
MarketWatch | 15 days 19 hours 17 minutes ago
"Most meaningful about the third quarter of 2009 is that, since PC processor shipments overall just slightly exceeded shipments in the third quarter of 2008 -- which was itself a record quarter at the time -- we know that the processor market is recovering," IDC analyst Shane Rau said in a statement.


AMD and Intel avoid long costly trial MarketWatch First Take - MarketWatch
MarketWatch | 12 days 15 hours 58 minutes ago
This case already, according to Barclays Capital analyst Tim Luke, could have been "one of the largest civil litigation trials in terms of scale and number of depositions and documents in U.S. legal history with over 200 million pages of document exchanges, 2200 hours of deposition and over 10,000 pages of expert reports."


Google, IBM set for late session's center stage - MarketWatch
MarketWatch | 40 days 15 hours 36 minutes ago
Safeway Inc. shares jump after the company posts better-than-expected profit and maintains its full-year forecast. The supermarket sector led gains in consumer-staples stocks. MarketWatch's Andria Cheng reports.


AMD and Intel settle legal disputes - MarketWatch
MarketWatch | 12 days 20 hours 24 minutes ago
Oil falls ahead of EIA petroleum data


Supercomputer makers must deal with power issue Therese Poletti's Tech Tales - MarketWatch
MarketWatch | 8 days 4 hours 16 minutes ago
IBM s Roadrunner supercomputer, the second fastest in the world.





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Company Overview


Company: Advanced Micro Devices, Inc.
Industry: Microprocessors, Microcontrollers & DSPs
Website: http://www.amd.com

Advanced Micro Devices (AMD) made some advances in its battle against Intel but hasn't capitalized on those gains. AMD ranks #2 in PC and server microprocessors, far behind its archrival. Though Intel commands about three-quarters of the world processor market, AMD at times eroded that market share thanks to the popularity of its Athlon and Opteron processor families. The company also makes embedded processors and other chips for communications and networking applications. Hewlett-Packard is AMD's biggest customer, and Chinese OEMs account for more than 40% of the company's sales. In early 2009 AMD split its operations, spinning off a manufacturing venture.


Key Numbers

Sales in U.S. Dollars (mil.) 5,808 (2008)
One-year % Growth in Sales -3.4 (2008)
Net Income in U.S. Dollars (mil.) -3,098 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 14,700 (2008)
One-year % Growth in Number of Employees -10.5 (2008)
Fiscal Year-End December