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AMD (NYSE: AMD) announced today that industry veteran John Byrne has been appointed Senior Vice President and General Manager of Global Accounts. In this newly created position, Byrne will be responsible for ensuring AMD’s worldwide sales organization effectively addresses customer needs by exceeding the expectations of AMD's largest multinational partners. He will report to AMD President and Chief Executive Officer, Rory Read, in his capacity as Acting Chief Sales Officer.

“In this critical new role, John will be responsible for driving account management for our key global customers, reinforcing AMD’s position as a trusted supplier,” said Read. “John has consistently demonstrated an ability to help customers win in the marketplace and understands that when our customers win, AMD wins. In his new position, John will have greater responsibility and ability to drive this understanding across our entire sales force by building deeper relationships with our multinational partners and ensuring we deliver on our commitments.” 

Byrne has been with AMD since 2007, and was most recently responsible for managing AMD’s America’s sales and marketing organization.  Under his leadership, AMD achieved significant growth in the North America channel and consumer businesses and strengthened business in key Latin American emerging markets. Prior to that, he was Corporate Vice President for AMD’s Worldwide Channel Sales business, responsible for growing share, building relationships with key customer and influencers for global channel, Regional OEM and Small and Medium business partners. He has more than 24 years of experience in the high-tech industry, including leadership roles in technology sales and marketing.

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

AMD (NYSE: AMD) today announced the arrival of its AMD Radeon™ HD 7770 GHz Edition and HD 7750 graphics cards. The AMD Radeon HD 7770 GHz Edition is the first graphics card equipped with a reference engine clock that breaks the one gigahertz barrier – making it the world’s first 1GHz GPU. When coupled with AMD’s GCN Architecture, the AMD Radeon HD 7770 GHz Edition offers incredible, best-in-class entertainment experiences that every gamer deserves. The AMD Radeon HD 7750 is a superior performance-level graphics card that doesn’t require its own separate power connector and provides exceptional gaming experiences under 75 watts.

“We were first to 40nm, first to 28nm and now we offer the world’s first GPU at 1GHz; this is a milestone for the graphics industry,” said Matt Skynner, corporate vice president and general manager, GPU Division, AMD. “AMD continues to deliver superior performance, rich features and world-class power efficiency – we never stop innovating.”

Like the award winning AMD Radeon™ HD 7900 Series, the AMD Radeon HD 7700 Series is armed and ready to follow its 28nm predecessors by capturing the hearts of gamers. It features AMD’s new Graphics Core Next (GCN) Architecture for spectacular performance and efficiency, and comes equipped with leading-edge technology like PCI Express® 3.0, incredibly efficient AMD ZeroCore Power, PowerTune, AMD Eyefinity 2.0 and AMD App technologies.^1-5

With top-notch features from the AMD Radeon™ HD 7900 Series, the AMD Radeon HD 7700 series offer the world’s most advanced graphics – for everyone. The graphics cards are available today via retailers and e-tailers worldwide, with select models of the AMD Radeon HD 7770 GHz Edition 1GB starting at USD$159 SEP, and the AMD Radeon HD 7750 1GB starting at USD$109 SEP.

The AMD Radeon™ HD 7700 series GPUs will be available worldwide from add-in-board partners including Sapphire, Powercolor, HIS, XFX, ASUS, Gigabyte, and MSI.

Supporting Resources

• Product page: Learn more about the AMD Radeon™ HD 7700 Series GPUs
• Where to Purchase: Amazon, Cyberpower PC, iBuypower, Newegg, NCIX, and TigerDirect
• Twitter: Follow AMD graphics news on Twitter at @AMDRadeon
• Learn more about GCN Architecture
• Learn more about AMD PowerTune technology
• Facebook: Become a fan of AMD technology on Facebook

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit www.amd.com.

SGI (NASDAQ: SGI), the trusted leader in technical computing, announced today that its SGI® ICE™ 8400 high performance compute (HPC) system with AMD Opteron™ 6200 processors achieved the top performance number for 64-, 32-, 16-, 8-, and 4-socket configurations for the SPECMPIL2007 benchmark. The SPECMPIL benchmark is SPEC's "benchmark suite for evaluating MPI-parallel, floating point, compute intensive performance across a wide range of cluster and SMP hardware," according to the SPEC web site, http://www.spec.org/mpi2007.

The SGI ICE 8400 platform with AMD processors is a completely open platform optimized for HPC workloads and runs an off-the-shelf Linux® operating system for application compatibility. Although the ICE platform is able to comfortably support multi-petaflop sized installations, design considerations allow cost effective solutions down to a half rack. Single- or dual-plane integrated InfiniBand® can be cabled into four different topologies, including hypercube, enhanced hypercube, all to all, and fat-tree, allowing flexible network customization for a variety of workloads.

"The SGI ICE HPC platform is the speed and scale leader in the industry for scale-out workloads," said Bill Mannel, vice president of product marketing at SGI. "Whether configured with a half rack or hundreds of racks, the platform is built on standard RedHat or SuSE Linux and managed by SGI Management Center, which provides full system management capabilities, along with SGI Performance Suite, with run-time optimizations."

With a full menu of supported ISV applications in the biosciences and manufacturing industries, including SGI's own open source OpenFOAM® Computational Fluid Dynamics (CFD) software, SGI ICE with AMD processors is an excellent platform for many structural analysis and CFD workflows. The platform is integrated completely with software, stood-up, and tested in SGI's manufacturing facility in Chippewa Falls, Wisconsin, before shipment to the customer. With an engineering team close by, any last-minute issues are quickly resolved before the platform arrives at the customer's datacenter. With this attention to quality, SGI ICE achieved a nearly 100% customer satisfaction rating on a poll recently conducted by SGI among current ICE customers.

"SGI ICE platforms exemplify price-performance and manageability - key values for the customer," said Patrick Patla, vice-president, server and commercial business, AMD. "Customers will be amazed at the speed at which this new SGI offering will allow them to run their code."

Availability

SGI recently upgraded its SGI ICE 8400 to Opteron 6200 processors, and has been shipping configurations starting at $150,000 since November 2011. The company has a 2048-core ICE 8400 system with AMD 6282SE processors available for quantifying the performance of key applications. Potential customers are welcome to learn more about running their own performance benchmarks.

About SGI

SGI, the trusted leader in technical computing, is focused on helping customers solve their most demanding business and technology challenges.

Connect with SGI on Twitter (@sgi_corp), YouTube (youtube.com/sgicorp), and LinkedIn.

AMD (NYSE: AMD) was today named by Corporate Knights to its inaugural list of the S&P 500 Clean Capitalism Ranking, placing among the top twenty companies to be recognized. Corporate Knights, which defines “clean capitalism” as “responsible, resource-productive and socially just”, employs a transparent, quantitative methodology to compile its ranking, evaluating factors such as energy and carbon productivity, leadership diversity and employee turnover.

 “By combining a strong set of quantitative metrics with transparent, best-in-class research, Corporate Knights is providing a valuable tool to help key stakeholders decide which companies are truly committed to corporate responsibility,” said Allyson Peerman, corporate vice president, AMD Public Affairs. “AMD’s worldwide stakeholders should celebrate not only this prestigious recognition, but also their commitment to a company that walks the talk.”

AMD was also recognized recently by Trust Across America, a think tank dedicated to promoting and recognizing trustworthy business behavior, as one of the Top Ten Most Trustworthy Public Companies for 2011. The Trust Across America study independently analyzed over 200 data points with respect to five key corporate indicators of trustworthy business behavior: financial stability and strength, accounting conservativeness, corporate integrity, transparency, and sustainability. According to its founders, the framework, initially conceived and developed in 2008 with a group of academics, corporate leaders and consultants, is "the most holistic and comprehensive trust 'health' checkup for public companies.”

Supporting Resources

• Corporate Responsibility Overview: Learn more about how corporate responsibility is integrated into AMD’s daily business practices.
• Annual Corporate Responsibility Report: Learn more about AMD’s corporate responsibility programs, progresses and plans.

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

AMD (NYSE: AMD) today announced that Thomas Seifert, Senior Vice President and Chief Financial Officer, will present at the Morgan Stanley Technology, Media & Telecom Conference at 9:10 a.m. PST on Thursday, March 1, 2012 in San Francisco.

A real-time audio webcast of the presentation can be accessed on the Investor Relations homepage: http://ir.amd.com.

A replay of the webcast can be accessed approximately 24 hours after the conclusion of the live event and will be available for 10 days after the conference.  

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

AMD (NYSE: AMD) today announced the departure of Emilio Ghilardi as senior vice president and chief sales officer, effective immediately. Rory Read, AMD president and chief executive officer, will serve as interim chief sales officer while the company actively seeks a replacement.

“I’d like to thank Emilio for his contributions to the business and wish him well in his future endeavors,” said Read. “Developing relationships with our customers that are grounded in a foundation of trust through consistently delivering on our commitments is critical, and we are making progress toward that goal. AMD enters 2012 with significant momentum, and we are building upon that momentum by embracing the shifts occurring in the industry and marrying market needs with innovative technologies to become a consistent growth engine.”

Mr. Ghilardi joined AMD from Hewlett Packard in 2008.

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

AMD (NYSE: AMD) today launched the AMD FirePro™ V3900, which enables best-in-class workstation experiences at an entry-level price point. By leveraging AMD's latest graphics features, including AMD Eyefinity technology, the AMD FirePro™ V3900 provides up to 95% better application performance than the competition.¹ The AMD FirePro V3900 will be available in select workstation systems today and will be sold for USD$119 MSRP at select online resellers.

"The AMD FirePro™ V3900 is the most powerful entry-level professional graphics card on the market today," says Sandeep Gupte, general manager of Professional Graphics, AMD.¹ "Armed with advanced multi-display capability of AMD Eyefinity technology, extensive certifications for professional applications and blazing fast performance, it offers best-in-class value for our technical and business customers."²

Engineered for professionals looking for optimized graphics performance at entry-level pricing, the AMD FirePro™ V3900's 1GB of DDR3 RAM drives memory bandwidth of almost 29 GB/s, maximizing GPU performance for the highest level of user experience.³ And through AMD's productive relationship with workstation solution providers, graphics professionals will have access to the AMD FirePro V3900 in a range of industry-leading systems from HP and others.

"HP makes workstations that meet the needs of the world's most demanding customers and feature the latest technologies," says Jeff Wood, vice president of Worldwide Marketing, Commercial Solutions Business Unit, HP. "The AMD FirePro™ V3900, in combination with our HP Z Workstations, offers robust performance for professional workstation applications, providing HP customers with a seamless user experience at an affordable price." AMD FirePro™ products are tested and certified with many leading software applications to ensure compatibility, stability, and optimal performance. OpenGL® 4.2 and OpenCL™ support means users can render and manipulate models using the broadest range of tools and applications and know the graphics card is compatible with current and future software applications.

"The AMD FirePro™ V3900 certainly delivers the performance, reliability and compatibility that CAD professionals are looking for when undertaking the latest design projects," said Nick Iwaskow, Senior Alliances & Partnership Manager, DS SolidWorks Corp.  "Coupled with the best 3D CAD solutions from Dassault Systèmes SolidWorks Corp. it can enhance the design process for professionals everywhere."
The AMD FirePro™ V3900 has received certification for a variety of applications including AutoCAD®, UGS NX, PTC CreoTM, SolidWorks® and Autodesk® 3Ds Max®.

Supporting Resources

• AMD FirePro™ V3900 Product page
• AMD FirePro™ Certifications page
• Twitter: Follow AMD professional graphics news on Twitter at @AMDFirePro
• Facebook: Become a fan of AMD technology on Facebook

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD's server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD's superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

At its annual Financial Analyst Day, AMD (NYSE: AMD) detailed a new “ambidextrous” strategy that builds on the company’s long history of x86 and graphics innovation while embracing other technologies and intellectual property to deliver differentiated products.

AMD is adopting an SoC-centric roadmap designed to speed time-to-market, drive sustained execution, and enable the development of more tailored customer solutions. SoC design methodology is advantageous because it is a modular approach to processor design, leveraging best practice tools and microprocessor design flows with the ability to easily re-use IP and design blocks across a range of products.

“AMD’s strategy capitalizes on the convergence of technologies and devices that will define the next era of the industry,” said Rory Read, president and CEO, AMD. “The trends around consumerization, the Cloud and convergence will only grow stronger in the coming years. AMD has a unique opportunity to take advantage of this key industry inflection point.  We remain focused on continuing the work we began last year to re-position AMD.  Our new strategy will help AMD embrace the shifts occurring in the industry, marrying market needs with innovative technologies and become a consistent growth engine.”

Roadmap Updates Focus on Customer Needs

Additionally, AMD today announced updates to its product roadmaps for AMD Central Processing Unit (CPU) and Accelerated Processing Unit (APU) products it plans to introduce in 2012 and 2013. The roadmap modifications address key customer priorities across form factors including ultrathin notebooks, tablets, all-in-ones, desktops and servers with a clear focus on low power, emerging markets and the Cloud.

AMD’s updated product roadmap features second generation  mainstream (“Trinity”) and low-power (“Brazos 2.0”) APUs for notebooks and desktops; “Hondo,” an APU specifically designed for tablets; new CPU cores in 2012 and 2013 with “Piledriver” and its successor “Steamroller,” as well as “Jaguar,” which is the successor to AMD’s popular “Bobcat” core. In 2012, AMD plans to introduce four new AMD Opteron™ processors. For a more in-depth look at AMD’s updated product roadmap, please visit http://blogs.amd.com.

Next-generation Architecture Standardizes and Facilitates Software Development

AMD also provided further details on its Heterogeneous System Architecture (HSA), which enables software developers to easily program APUs by combining scalar processing on the CPU with parallel processing on the Graphics Processing Unit (GPU), all while providing high bandwidth access to memory at low power. AMD is proactively working to make HSA an open industry standard for the developer community. The company plans to hold its 2^nd annual AMD Fusion Developer Summit in June, 2012.

New Company Structure Strengthens Execution

In conjunction with announcing its restructuring plan in November 2011, AMD has strengthened its leadership team with the additions of Mark Papermaster as senior vice president and chief technology officer, Rajan Naik as senior vice president and chief strategy officer, and Lisa Su as senior vice president and general manager, Global Business Units. These executives will help ensure that sustainable, dependable execution becomes a hallmark of AMD.

Supporting Resources

• Visit the AMD Financial Analyst Day website for webcast replay, presentations, updated roadmap, and more
• Visit AMD Blogs for more details on AMD’s product roadmap changes
• Follow AMD on Twitter at @AMD_Unprocessed
• Like AMD on Facebook

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

AMD (NYSE: AMD) today announced worldwide availability of the AMD Radeon™ HD 7950 graphics card for desktop computers. This launch brings to market the second graphics card based on the cutting-edge 28nm process technology first introduced with the AMD Radeon™ HD 7970 graphics card – recognized for its excellence in performance with over 150 awards from technology media the world over. Delivering over 2.8 TFLOPs of compute power and up to 2x the performance¹ when two AMD Radeon HD 7950s are combined with AMD CrossFire™ technology², AMD Radeon™ HD 7900 series graphics cards are intended for gamers who never settle. AMD Radeon™ HD 7950 graphics cards are available from retailers worldwide, with select models starting at USD$449 SEP.

“With the arrival of the AMD Radeon™ HD 7950, AMD has set the bar exceedingly high for 28nm graphics technology and performance,” said Matt Skynner, corporate vice president and general manager, GPU Division, AMD. “From the wraparound immersion made possible by AMD Eyefinity multi-display technology and the AMD HD3D technology stereo 3D experience to the incredible realism of today’s DirectX® 11 capable games, we’re delivering an unrivaled experience for gamers. The AMD Radeon™ HD 7900 series products are in a class of their own.”

Equipped with AMD Graphics Core Next Architecture and the latest AMD PowerTune and AMD ZeroCore Power technologies, the AMD Radeon™ HD 7950 GPU further extends the groundbreaking engineering AMD debuted in December 2011 with the AMD Radeon HD 7970 GPU. What’s more, it delivers on the promise of DirectX® 11 gaming with superior visuals and outrageous performance, as well as featuring PCI Express 3.0, AMD CrossFire™ technology and the AMD HD3D technology ecosystem.

The AMD Radeon™ HD 7950 GPU is available worldwide from add-in-board partners including Sapphire, TUL, HIS, XFX, ASUS, Gigabyte, and MSI, and available via retailers and e-tailers worldwide.

Supporting Resources

• Product page: Learn more about the AMD Radeon™ HD 7950 GPU
• Where to Purchase: Amazon, Cyberpower PC, iBuypower, Newegg, and NCIX.
• Twitter: Follow AMD graphics news on Twitter at @AMDRadeon
• Learn more about GCN Architecture
• Learn more about AMD PowerTune technology
• Facebook: Become a fan of AMD technology on Facebook

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

AMD (NYSE:AMD) today announced revenue for the fourth quarter of 2011 of $1.69 billion, net loss of $177 million, or $0.24 per share, and operating income of $71 million.  The company reported non-GAAP net income of $138 million, or $0.19 per share, and non-GAAP operating income of $172 million.  Fourth quarter non-GAAP net income excludes an impairment of AMD’s investment in GLOBALFOUNDRIES of $209 million, restructuring charges of $98 million, the loss from discontinued operations of $4 million, the amortization of acquired intangible assets of $3 million and a loss on debt repurchase of $1 million.

For the year ended December 31, 2011, AMD reported revenue of $6.57 billion, net income of $491 million, or $0.66 per share, and operating income of $368 million.  Full year non-GAAP net income was $374 million, or $0.50 per share, and non-GAAP operating income was $524 million.

“AMD shipped more than 30 million APU’s in 2011, resulting in record annual notebook revenue,” said Rory Read, AMD president and CEO.  “The unmatched combination of computing and graphics capabilities in our low-power ‘Brazos’  platform has made it our fastest ramping platform ever, paving the way for continued growth in key segments and geographies.  Our server business has re-gained momentum, delivering two consecutive quarters of strong sequential growth. 

We continued optimizing our financial model in 2011, consistently delivering operating income and creating the foundation for sustained success.  We begin 2012 clear on our priorities and opportunities.  We are building an AMD that consistently delivers on its commitments.”

Quarterly Summary

• Gross margin was 46 percent, a sequential increase of one percent.
• Cash, cash equivalents and marketable securities balance, including long-term marketable securities, was $1.91 billion at the end of the quarter.
• Computing Solutions segment revenue increased two percent sequentially and seven percent year-over-year. The sequential increase was driven by double digit growth in Server and Chipset revenue.  The year-over-year increase was driven by higher mobile processor and Chipset revenue.
  • Operating income was $165 million, compared with $149 million in Q3 11 and $91 million in Q4 10.
  • Microprocessor ASP increased sequentially and was flat year-over-year.
  • AMD launched its “Bulldozer”-based AMD Opteron™ 6200 Series and AMD Opteron™ 4200 Series processors, delivering industry-leading performance⁽⁹⁾ for business, increased scalability for virtualization and more efficient economics for the cloud.
    • HP introduced five new ProLiant systems, including the industry’s fastest dual-socket database server.
    • Dell introduced four new PowerEdge systems, including the world’s most power-efficient blade server. The AMD-powered PowerEdge R715 was awarded Technology of the Year from InfoWorld magazine based on its outstanding virtualization performance.
    • The AMD Opteron 6200 Series Processors were honored with the Analysts’ Choice Award for Best Server Processor by the Linley Group and “Technology of the Year” from InfoWorld.
    • AMD Opteron processor adoption in the HPC market continued, as the National Science Foundation announced a new supercomputer at the University of Illinois’ National Center for Supercomputing Applications (NCSA) will be powered by approximately 50,000 AMD Opteron 6200 series processors.
  • Worldwide demand for AMD APUs continued to increase throughout the fourth quarter. AMD shipped more than 30 million APUs in 2011, including a record number of mobile processors found in notebooks from Acer, Asus, Dell, HP, Lenovo, MSI Samsung, Sony and Toshiba.
  • AMD introduced new A-Series notebook and desktop APUs that offer improved performance and enhanced features. We expect that systems based on the refreshed A-Series APU will be offered from the world’s largest PC companies in early 2012.
• Graphics segment revenue decreased five percent sequentially and 10 percent year-over-year.  The sequential decrease was driven primarily by a decline in mobile graphics processor unit (GPU) shipments, partially offset by a seasonal increase in game console revenue.  The year-over-year decrease was primarily driven by decreased desktop and Add-in Board (AIB) graphics revenue.
  • Operating income was $27 million, compared with $12 million in Q3 11 and $68 million in Q4 10.
  • GPU ASP increased sequentially and year-over-year.
  • In December, AMD launched the world’s fastest single-GPU graphics card⁽¹⁰⁾ and the first member of its AMD Radeon™ HD 7000 Series graphics family, the AMD Radeon HD 7970.  The HD 7970 delivers up to 150% performance improvement per square millimeter compared to our previous generation GPU, and is the industry’s first 28nm GPU⁽¹¹⁾.
  • AMD launched the AMD Radeon HD 7000M series mobile graphics processors for smaller form factor notebooks. Both HP and Lenovo announced new notebooks powered by the new GPU.
  • AMD is the industry leader in leading-edge graphics technology, having shipped more than 100 million DirectX® 11graphics engines across its GPUs and APUs that enable superior visual experiences.
• Corporate
  • The Company announced a restructuring plan and implementation of operational efficiency initiatives designed to strengthen the Company's competitive positioning.  The Company plans to reinvest a significant portion of the anticipated savings to fund initiatives designed to accelerate AMD's strategies for lower power, emerging markets, and the cloud.
  • AMD strengthened its leadership team with the additions of Mark Papermaster as senior vice president and chief technology officer, Rajan Naik as senior vice president and chief strategy officer, and Dr. Lisa Su as senior vice president and general manager, global business units.

Current Outlook

AMD’s outlook statements are based on current expectations.  The following statements are forward-looking, and actual results could differ materially depending on market conditions and the factors set forth under “Cautionary Statement” below.

AMD expects revenue to decrease eight percent, plus or minus three percent, sequentially for the first quarter of 2012.

For additional detail regarding AMD’s results and outlook please see the CFO commentary posted at quarterlyearnings.amd.com.

AMD Teleconference

AMD will hold a conference call for the financial community at 2:00 p.m. PT (5:00 p.m. ET) today to discuss its fourth quarter financial results.  AMD will provide a real-time audio broadcast of the teleconference on the Investor Relations page of its Web site at AMD.  The webcast will be available for 10 days after the conference call.

About AMD

AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Fusion Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD’s server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD’s superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

Cautionary Statement

This release contains forward-looking statements concerning AMD, its first quarter 2012 revenue, its future growth in key segments and geographies, the momentum of its server business, its ability to deliver sustained success, the timing of future products that incorporate the company’s products, and the company’s restructuring plan implemented in the fourth quarter of 2011, the anticipated operational savings resulting from the restructuring and the company’s plans for reinvesting these savings, 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," "may," "expects," "believes," "plans," "intends," "projects," and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this release are based on current beliefs, assumptions and expectations, speak only as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Risks include the possibility that Intel Corporation's pricing, marketing and rebating programs, product bundling, standard setting, new product introductions or other activities targeting the company's business will prevent attainment of the company's current plans; the company will be unable to develop, launch and ramp new products and technologies in the volumes and mix required by the market and at mature yields on a timely basis; GLOBALFOUNDRIES will be unable to manufacture the company’s products on a timely basis in sufficient quantities and using competitive technologies; the company will be unable to obtain sufficient manufacturing capacity or components to meet demand for its products or will under-utilize its commitment with respect to GLOBALFOUNDRIES' microprocessor manufacturing facilities; the company will be unable to transition its products to advanced manufacturing process technologies in a timely and effective way; global business and economic conditions will not continue to improve or will worsen resulting in lower than currently expected demand; demand for computers and consumer electronics products and, in turn, demand for the company's products will be lower than currently expected; customers stop buying the company's products or materially reduce their demand for its products; the company will require additional funding and may not be able to raise funds on favorable terms or at all; there will be unexpected variations in market growth and demand for the company's products and technologies in light of the product mix that it may have available at any particular time or a decline in demand; and the company will be unable to maintain the level of investment in research and development that is required to remain competitive. Investors are urged to review in detail the risks and uncertainties in the company's Securities and Exchange Commission filings, including but not limited to the Quarterly Report on Form 10-Q for the quarter ended October 1, 2011.