AMD Reviews First One fourth Outcomes Q1 2012 Results

• AMD income $1.59 billion, 6 % constant reduce and a 2 % decrease

year-over-year

• Net reduction $590 million, reduction per talk about $0.80, managing reduction $580 million

• Non-GAAP(1) net income $92 million, income per talk about $0.12, managing income $138

million

• Significant edge 2 %, non-GAAP gross edge 46 percent SUNNYVALE, Calif. – Apr. 19, 2012 – AMD (NYSE:AMD) these days declared income for the first one fourth of 2012 of $1.59 billion, net loss of $590 million, or $0.80 per talk about, and operating loss of $580 million. The organization revealed non-GAAP net income of $92 million, or $0.12 per talk about, and non-GAAP managing income of $138 million. First one fourth non-GAAP net income excludes: the formerly revealed cost of $703 million for a restricted waiver of exclusivity of certain 28 nanometer (nm) APU items from GLOBALFOUNDRIES Inc.(GF) related to the 2012 Variation to the Wafer Offer Agreement; amount of acquired intangible resources of $1 million; a reorientating cost of $8 million; SeaMicro, Inc. (SeaMicro) acquisition costs of $6 million, and a tax benefit relevant to the SeaMicro getting $36 million.

"AMD provided powerful outcomes in the first one fourth as we stay targeted on enhancing our execution, providing modern items, and building a organization around a technique to deliver powerful income and income development," said Rory Study, AMD chief executive and CEO. "A complete top-to-bottom release of new APU attractions, along with adequate product supply as a result of ongoing success with our developing lovers, roles us to win and develop."

GAAP Economical Results

Q1-12 Q4-11 Q1-11

Revenue $1.59B $1.69B $1.61B

Operating income (loss) $(580)M $71M $54M

Net income (loss) /

Earnings (loss) per

share

$(590)M/$(0.80) $(177)M/$(0.24) $510M/$0.68

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Non-GAAP Economical Results1

Q1-12 Q4-11 Q1-11

Revenue $1.59B $1.69B $1.61B

Operating income $138M $172M $92M

Net income / Earnings per

share

$92M/$0.12 $138M/$0.19 $56M/$0.08

Quarterly Summary

• Significant edge was 2 % due to the formerly revealed cost of $703 million for a limited waiver of exclusivity for certain 28nm APU items from GF.
• Non-GAAP gross edge was 46 %, smooth sequentially.
• Money, cash counterparts and valuable investments stability, such as long-term marketable investments, was $1.71 billion at the end of the one fourth.
• Money expenses in the one fourth provided $281 million relevant to the SeaMicro acquisition and $150 million relevant to the restricted waiver of exclusivity of certain 28nm APU items from GF.
• AMD's first one fourth of 2011 had 14 several weeks of company in comparison to 13 several weeks for the first

quarter of 2012.

• Processing Alternatives section income reduced eight % sequentially and was flat year-over-year. The constant reduce was pushed by seasonally reduced sales in the Client company.
• Operating income was $124 million, in contrast to $165 million in Q411 and $100 million in Q111.
• Micro-processor ASP reduced sequentially and was smooth year-over-year.
• AMD declared and started delivery the follow-on to its important notebook platform "Brazos," its best selling foundation ever. The new important notebook platform, codenamed "Brazos 2.0," provides enhanced efficiency, extended battery lifestyle and many new features. Techniques according to "Brazos 2.0" are expected to be available in the second one fourth.
• AMD ramped amount generation of its second technological innovation A-Series APU, codenamed "Trinity," in expectation of international laptop computer accessibility from leading OEMs in the second one fourth. "Trinity" provides twice the performance-per-watt compared with AMD's present technological innovation A-Series APU. Techniques operated by "Trinity" will allow excellent enjoyment and game playing efficiency with superior battery power.
• Dell, Tyan, MSI and Fujitsu are among the lovers that presented systems based on AMD Opteron™ 3200 processor chips focusing on web host clients who require enterprise-class stability at desktop-class prices. The new server platform provides price-performance and power-per-core benefits compared to aggressive attractions.
• Telus, an important Canada Telephony company, chosen the AMD Opteron 6200 Sequence processor chips to energy its newest providing, the TELUS AgilIT Virtual Personal Reasoning.
• AMD declared two new heterogeneous computing goals, both with the objective of helping the buyer and caring upcoming software development. AMD declared an financial commitment through AMD Projects in Nuvixa, Inc., a creator of gesture-based video interaction and presentation solutions, and the first AMD Combination Heart of Advancement was founded at the University of Il at Urbana-Champaign.

Design section income was smooth sequentially and reduced 7 % year-over-year. GPU income was up in a seasonally down one fourth, due to higher enhanced pc GPU

3-more- #2112034 ASP in the route, balanced out by seasonally reduced game playing system vips income. The yearover- year reduce was mainly pushed by reduced need for pc and mobile graphics.

• Operating income was $34 million, in contrast to $27 million in Q411 and $19 million in Q111.
• GPU ASP was smooth sequentially and improved year-over-year.
• AMD achieved an important landmark with globally option its finish collection of next generation 28nm AMD RadeonTM HD 7000 Sequence pc GPUs in less than three months. Moreover to the AMD Radeon HD 7950 Sequence GPU, AMD introduced the first video card to separate the 1 GHz buffer, the AMD Radeon HD 7770 GPU. AMD also released the AMD Radeon HD 7800 Sequence GPU featuring 2GB of GDDR5 storage for serious players.

Corporate

o AMD declared an changed Wafer Offer Contract with GF that established a discussed wafer costs according to a take or pay design this year and established a structure for wafer costs in 2013. AMD relocated its remaining ownership interest in GF to GF and GF waived the exclusivity design for AMD to produce certain 28nm APU items at GF for a specified period.

o AMD obtained SeaMicro, Inc., a innovator in energy-efficient, high-bandwidth microservers. The purchase boosts the organization's way to deliver disruptive host technological innovation and roles AMD to develop its present server offerings to offer clients and lovers with low-power, low-cost, great bandwidth

server solutions.

Current Outlook

AMD's perspective claims are according to present objectives. The following statements are forward-looking, and real outcomes could change materially based on market conditions and the aspects set forth under "Cautionary Statement" below.

AMD desires income to increase 3 %, plus or less 3 %, sequentially for the second one fourth of 2012.

For additional details regarding AMD's outcomes and perspective please see the CFO commentary published at quarterlyearnings.amd.com.

AMD Teleconference

AMD will carry a company call for the financial group at 2:00 p.m. PT (5:00 p.m. ET) these days to talk about its first one fourth financial outcomes. AMD can produce a real-time audio broadcast of the tele-conference on the Buyer Interaction page of its Web site at AMD.