AMD Unveils AMD Radeon RX 6700 XT Graphics Card, Delivering Exceptional 1440p PC Gaming Experiences

– Harnessing breakthrough AMD RDNA™ 2 gaming architecture, high-performance AMD Infinity Cache and 12GB of high-speed GDDR6 memory, new AMD Radeon™ RX 6700 XT graphics cards provide up to 2X higher performance in select titles than current installed base of older-generation graphics cards1

– Powerful blend of raytracing with AMD FidelityFX2 compute and rasterized effects elevates visuals to new levels of fidelity, delivering amazing lifelike, cinematic gaming experiences –

SANTA CLARA, Calif., March 03, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today introduced the AMD Radeon RX 6700 XT graphics card, providing exceptional performance, stunningly vivid visuals and advanced software features to redefine 1440p resolution gaming.

Representing the cutting edge of engineering and design, AMD Radeon RX 6700 XT graphics cards harness breakthrough AMD RDNA 2 gaming architecture, 96MB of high-performance AMD Infinity Cache, 12GB of high-speed GDDR6 memory, AMD Smart Access Memory3 and other advanced technologies to meet the ever-increasing demands of modern games. Delivering up to 2X higher gaming performance in select titles1 with amazing new features compared to the current installed base of older-generation graphics cards and providing more than 165 FPS in select esports titles4, the AMD Radeon RX 6700 XT graphics card pushes the limits of gaming by enabling incredible, high-refresh 1440p performance and breathtaking visual fidelity.

“Modern games are more demanding than ever, requiring increasing levels of computing horsepower to deliver the breathtaking, immersive experiences gamers expect,” said Scott Herkelman, corporate vice president and general manager, Graphics Business Unit at AMD. “The AMD Radeon RX 6700 XT graphics card hits the sweet spot for 1440p gaming. For most gamers still playing on three-to-four-year-old graphics cards, it is the perfect upgrade solution designed to deliver incredible visuals and no-compromises, high-refresh 1440p gaming performance at maximum settings.”

Taking advantage of this incredible performance, more than 40 system builders and OEMs are expected to launch high-performance desktop PCs powered by the new graphics card. HP is expected to refresh two desktop gaming systems this Spring – the HP OMEN 25L and 30L – featuring AMD Radeon RX 6700 XT graphics cards and AMD Ryzen™ 5000 Series Desktop Processors.

“Gamers are routinely on the lookout for the latest cutting-edge technologies to excel and immerse themselves in their favorite games,” said Judy Johnson, gaming platform head, HP Inc. “We’re thrilled to add the new AMD Radeon RX 6700 XT graphics cards in our OMEN 25 and 30L Desktops to help power epic adventures across the globe.”

Exceptional 1440p Performance, Stunning Visuals and Unmatched Gaming Experiences

The AMD Radeon RX 6700 XT graphics card is built on 7nm process technology and AMD RDNA 2 gaming architecture, designed to deliver the optimal combination of performance and power efficiency. Additional features and capabilities include:

  • AMD Infinity Cache – 96MB of last-level data cache on the GPU die provides up to 2.5X higher bandwidth at the same power level as traditional architectures5 to provide higher gaming performance.
  • AMD Smart Access MemoryUnlocks higher performance when pairing AMD Radeon RX 6000 Series graphics cards with AMD Ryzen 5000 or select Ryzen 3000 Series Desktop Processors and AMD 500-series motherboards. Providing AMD Ryzen processors with access to high-speed GDDR6 graphics memory can deliver a performance uplift of up to 16 percent6.
  • 12GB High-Speed GDDR6 VRAM – Designed to handle the increasing texture loads and greater visual demands of today’s modern games at higher resolutions and max settings, the new graphics card with 12GB of GDDR6 of memory allows gamers to easily power through today and tomorrow’s demanding AAA titles.
  • AMD FidelityFX Integrated into more than 40 games and counting, AMD FidelityFX is an open-source toolkit of visual enhancement effects for game developers available at AMD GPUOpen. Optimized for AMD Radeon graphics, it includes a robust collection of rasterized lighting, shadow and reflection effects that can be integrated into the latest games with minimal performance overhead.
  • DirectX® Raytracing (DXR) – AMD RDNA 2 architecture-based graphics cards are optimized to deliver real-time lighting, shadow and reflection realism with DXR, providing a stunning gaming experience. When paired with AMD FidelityFX, developers can combine rasterized and ray-traced effects to provide an ideal balance of image quality and gaming performance.
  • AMD Radeon Anti-Lag7 – Now with support for the DirectX 12 API, AMD Radeon Anti-Lag decreases input-to-display response times, making games more responsive and offering a competitive edge in gameplay.
  • AMD Radeon Boost8 – Now with support for Variable Rate Shading, AMD Radeon Boost delivers up to a 27 percent performance increase9 during fast-motion gaming scenarios by dynamically reducing image resolution or by varying shading rates for different regions of a frame, increasing framerates and fluidity, and bolstering responsiveness with virtually no perceptual impact on image quality.

“We’re excited to partner with AMD to bring the latest, much-anticipated entry in the Resident Evil franchise to PC gamers,” said Peter Fabiano, producer at Capcom®. “With the powerful Radeon RX 6000 Series graphics coupled with next-generation features and technologies, including AMD FidelityFX, raytracing and Variable Rate Shading, gamers can experience the ultimate fight for survival with visually stunning, insanely detailed characters and environments and high-performance gameplay.”

Driving High-Octane Performance with Mercedes-AMG Petronas Esports Team

AMD also announced a new collaboration with the Mercedes-AMG Petronas Esports Team, the esports arm of the Mercedes-AMG Petronas Formula 1 Team. Mercedes has selected the powerful combination of AMD Radeon RX 6000 Series graphics cards, AMD Ryzen 5000 Series Desktop Processors and advanced AMD Radeon Software technologies to power their Esports gaming rigs, delivering the highest framerates, low-latency gameplay and the smoothest driving experience, unlocking the drivers’ full potential. AMD delivers an unmatched competitive edge in virtual racing.

Specifications, Pricing and Availability

Model Compute Units GDDR6 Game Clock10 (MHz) Boost Clock11 (MHZ) Memory Interface Infinity Cache TBP Price
(USD SEP)
AMD Radeon RX 6700 XT

40 12GB 2424 Up to
2581
192 bit 96MB 230W $479

AMD Radeon RX 6700 XT graphics cards are expected to be available from AMD.com, from AMD board partners including ASRock, ASUS, Gigabyte, MSI, PowerColor, SAPPHIRE and XFX, and from etailers/retailers on March 18, 2021, starting at $479 USD SEP. The refreshed HP OMEN 25L and 30L desktop gaming systems are expected to be available this Spring. Additional pre-built systems from OEM and SI partners are expected to become available in the coming months.

Supporting Resources

  • Learn more about the AMD Radeon RX 6700 XT graphics card here
  • Become a fan of AMD on Facebook
  • Follow AMD on Twitter

CAUTIONARY STATEMENT
This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as the features, functionality, performance, availability, timing and expected benefits of AMD products including the AMD RadeonTM RX 6700 XT graphics card and the expected launch by system builders and OEMs, 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 press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release 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; global economic uncertainty; the loss of a significant customer; the impact of the COVID-19 pandemic on AMD’s business, financial condition and results of operations; the competitive markets in which AMD’s products are sold; quarterly and seasonal sales patterns; market conditions of the industries in which AMD products are sold; the cyclical nature of the semiconductor industry; AMD's ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; the ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; expected manufacturing yields for AMD’s products; the availability of essential equipment, materials or manufacturing processes; AMD's ability to introduce products on a timely basis with features and performance levels that provide value to its customers; AMD's ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential IT outages, data loss, data breaches and cyber-attacks; uncertainties involving the ordering and shipment of AMD’s products; AMD’s reliance on third-party intellectual property to design and introduce new products in a timely manner; AMD's reliance on third-party companies for the design, manufacture and supply of motherboards, software and other computer platform components; AMD's reliance on Microsoft Corporation and other software vendors' support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; the impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; the efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMD’s ability to effectively control the sales of its products on the gray market; the impact of government actions and regulations such as export administration regulations, tariffs and trade protection measures; AMD’s ability to realize its deferred tax assets; potential tax liabilities; current and future claims and litigation; the impact of environmental laws, conflict minerals-related provisions and other laws or regulations; the impact of acquisitions, joint ventures and/or investments on AMD's business, including the announced acquisition of Xilinx, and the failure to integrate acquired businesses; AMD’s ability to complete the Xilinx merger; the impact of the announcement and pendency of the Xilinx merger on AMD’s business; the impact of any impairment of the combined company’s assets on the combined company’s financial position and results of operation; the restrictions imposed by agreements governing AMD’s notes and the revolving credit facility; the potential dilutive effect if the 2.125% Convertible Senior Notes due 2026 are converted; AMD's indebtedness; AMD's ability to generate sufficient cash to service its debt obligations or meet its working capital requirements; AMD's ability to repurchase its outstanding debt in the event of a change of control; AMD's ability to generate sufficient revenue and operating cash flow or obtain external financing for research and development or other strategic investments; political, legal, economic risks and natural disasters; future impairments of goodwill and technology license purchases; AMD’s ability to attract and retain qualified personnel; AMD’s stock price volatility; and worldwide political conditions. 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 most recent reports on Forms 10-K and 10-Q.

About AMD

For 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the datacenter. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ:AMD) websiteblogFacebook and Twitter pages. 

©2021 Advanced Micro Devices, Inc. All rights reserved. AMD, the AMD Arrow logo, Radeon, Ryzen and combinations thereof are trademarks of Advanced Micro Devices, Inc. DirectX is a registered trademark of Microsoft Corporation in the US and other jurisdictions. Other product names used in this publication are for identification purposes only and may be trademarks of their respective companies.

The information contained herein is for informational purposes only, and is subject to change without notice. Timelines, roadmaps, and/or product release dates shown in this Press Release are plans only and subject to change. “Navi” is an AMD codename and is not a product name.

__________________________________
1 Testing done by AMD performance labs Feb 8 2020, on a Radeon RX 6700 XT GPU (pre-release 20.50 driver), RTX 2080 Super (461.40 driver), and GTX 1070 Ti (461.40 driver), AMD Ryzen 9 5900X CPU, 16GB DDR4-3200MHz, ASRock X570 Taichi motherboard, Win10 Pro 64. Performance may Vary. RX-627
2 For additional information, see https://www.amd.com/en/technologies/radeon-software-fidelityfx. GD-172
3 Smart Access Memory technology enablement requires an AMD Radeon 6000 series GPU, Ryzen 5000 or 3000 series CPU (excluding Ryzen 5 3400G and Ryzen 3 3200G) and an AMD 500 series motherboard with the latest BIOS update. BIOS requires support for AGESA 1.1.0.0 or higher. Download latest BIOS from vendor website. For additional information and system requirements, see https://www.amd.com/en/technologies/smart-access-memory. GD-178.        
4 Testing done by AMD performance labs Feb 18 2020, on a Radeon RX 6700 XT GPU (20.50-210202n-362065E-ATI driver), AMD Ryzen 9 5900X CPU, 16GB DDR4-3200MHz, ASRock X570 Taichi motherboard, Win10 Pro 64. Performance may Vary. RX-629
5 Measurements calculated by AMD engineering. Measuring 1440p gaming average AMD Infinity Cache hit rates of 60% across select top gaming titles, multiplied by theoretical peak bandwidth from the 12 64B AMD Infinity Fabric channels connecting the Cache to the Graphics Engine at boost frequency of up to 1.94 GHz. RX-624
6 Testing done by AMD performance labs Feb 18 2020, on a Radeon RX 6700 XT GPU (20.50-210202n-362065E-ATI driver), AMD Ryzen 9 5900X CPU, 16GB DDR4-3200MHz, ASRock X570 Taichi motherboard, Win10 Pro 64 with AMD Smart Access Memory Technology ENABLED vs. the same system with Smart Access Memory Technology DISABLED. Performance may vary. RX-640
7 Radeon™ Anti-Lag is compatible with DirectX 9, DirectX 11 and DirectX 12 APIs, Windows 7 and 10. Hardware compatibility includes GCN and newer consumer dGPUs Ryzen 2000 and newer APUs, including hybrid and detachable graphics configurations. No mGPU support. GD-157
8 Radeon™ Boost is compatible with Windows 7 and 10 in select titles only. Hardware compatibility includes Radeon RX 400 and newer consumer dGPUs, Ryzen 2000 Series and newer APUs, including hybrid and detachable graphics configurations. No mGPU support. Radeon™ Boost VRS compatible with AMD Radeon™ RX 6000 Series Graphics exclusively. For a list of compatible titles see https://www.amd.com/en/technologies/radeon-boost. GD-158
9 Testing conducted by AMD Performance Labs as of Feb 11, 2021 on the Radeon™ RX 6700XT, using a test system comprising of AMD Ryzen 9 5900X CPU (3.7 GHz), 16GB DDR4-3200MHz memory, and Windows 10x64 with Radeon Software Adrenalin 2020 Edition 20.50 with Radeon Boost ON/OFF. Performance may vary. RS-356.
10 Game clock is the expected GPU clock when running typical gaming applications, set to typical TGP (Total Graphics Power). Actual individual game clock results may vary. GD-147
11 Boost Clock Frequency is the maximum frequency achievable on the GPU running a bursty workload. Boost clock achievability, frequency, and sustainability will vary based on several factors, including but not limited to: thermal conditions and variation in applications and workloads. GD-151


Contact:

George Millington
AMD Communications
(408) 547-7481
George.Millington@amd.com

Laura Graves
AMD Investor Relations
(408) 749-5467
Laura.Graves@amd.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7cb1885-fff2-461a-8754-91853181fc90


Primary Logo

AMD Radeon™ RX 6700 XT Graphics Card

AMD Radeon™ RX 6700 XT Graphics Card
Source: Advanced Micro Devices, Inc.

AMD to Present at Morgan Stanley Technology, Media and Telecom Conference on Tuesday, March 2, 2021

SANTA CLARA, Calif., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced that Mark Papermaster, chief technology officer and executive vice president, Technology and Engineering, will present at the Morgan Stanley Technology, Media and Telecom Conference on Tuesday, March 2, 2021 at 12:30 PM EST/9:30 AM PST.

A real-time video webcast of the presentation can be accessed on AMD’s Investor Relations website ir.amd.com. A replay of the webcast can be accessed approximately four hours after the conclusion of the live event and will be available for one (1) year after the conference.

About AMD

For more than 50 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies – the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, Facebook and Twitter pages.

AMD, the AMD Arrow logo and the combination thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

Media Contact:
Drew Prairie
AMD Communications
512-602-4425
drew.prairie@amd.com

Investor Contact:
Laura Graves
AMD Investor Relations
408-306-9157
Laura.Graves@amd.com


Primary Logo

Source: Advanced Micro Devices, Inc.

AMD Reports Fourth Quarter and Full Year 2020 Financial Results

― Quarterly revenue of $3.24B up 53% year-over-year; Full year revenue of $9.76B up 45%; quarterly and full year net income more than doubled from prior year ―

SANTA CLARA, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the fourth quarter of 2020 of $3.24 billion, operating income of $570 million, net income of $1.78 billion and diluted earnings per share of $1.45. Fourth quarter net income included an income tax benefit of $1.30 billion associated with a valuation allowance release, which contributed $1.06 to EPS. On a non-GAAP(*) basis, operating income was $663 million, net income was $636 million and diluted earnings per share was $0.52.

For full year 2020, the company reported revenue of $9.76 billion, operating income of $1.37 billion, net income of $2.49 billion and diluted earnings per share of $2.06. Full year results included a fourth quarter income tax benefit of $1.30 billion associated with a valuation allowance release, which contributed $1.07 to annual EPS. On a non-GAAP(*) basis, operating income was $1.66 billion, net income was $1.58 billion and diluted earnings per share was $1.29.

GAAP Quarterly Financial Results

  Q4 2020 Q4 2019 Y/Y Q3 2020 Q/Q
Revenue ($M) $3,244 $2,127 Up 53% $2,801 Up 16%
Gross profit ($M) $1,451 $949 Up 53% $1,230 Up 18%
Gross margin 45% 45% Flat 44% Up 1pp
Operating expenses ($M) $881 $601 Up 47% $781 Up 13%
Operating income ($M) $570 $348 Up 64% $449 Up 27%
Tax Valuation Allowance Release Benefit ($M) $1,301 -- -- -- --
Net income ($M) $1,781 $170 Up 948% $390 Up 357%
Earnings per share $1.45 $0.15 Up 867% $0.32 Up 353%

Non-GAAP(*) Quarterly Financial Results

  Q4 2020 Q4 2019 Y/Y Q3 2020 Q/Q
Revenue ($M) $3,244 $2,127 Up 53% $2,801 Up 16%
Gross profit ($M) $1,452 $950 Up 53% $1,231 Up 18%
Gross margin 45% 45% Flat 44% Up 1pp
Operating expenses ($M) $789 $545 Up 45% $706 Up 12%
Operating income ($M) $663 $405 Up 64% $525 Up 26%
Net income ($M) $636 $383 Up 66% $501 Up 27%
Earnings per share $0.52 $0.32 Up 63% $0.41 Up 27%

Annual Financial Results

  GAAP Non-GAAP(*)
  2020 2019 Y/Y 2020 2019 Y/Y
Revenue ($M) $9,763 $6,731 Up 45% $9,763 $6,731 Up 45%
Gross profit ($M) $4,347 $2,868 Up 52% $4,353 $2,874 Up 51%
Gross margin 45% 43% Up 2pp 45% 43% Up 2pp
Operating expenses ($M) $2,978 $2,297 Up 30% $2,696 $2,094 Up 29%
Operating income ($M) $1,369 $631 Up 117% $1,657 $840 Up 97%
Tax Valuation Allowance Release Benefit ($M) $1,301 -- -- -- -- --
Net income ($M) $2,490 $341 Up 630% $1,575 $756 Up 108%
Earnings per share $2.06 $0.30 Up 587% $1.29 $0.64 Up 102%

“We significantly accelerated our business in 2020, delivering record annual revenue while expanding gross margin and more than doubling net income from 2019,” said Dr. Lisa Su, AMD president and CEO. “Our 2021 financial outlook highlights the strength of our product portfolio and robust demand for high-performance computing across the PC, gaming and data center markets. We are excited about the opportunities ahead and very confident in our long-term strategy as we continue executing our leadership product roadmaps.”

Q4 2020 Results

  • Revenue of $3.24 billion was up 53 percent year-over-year and 16 percent quarter-over-quarter driven by both the Computing and Graphics segment and the Enterprise, Embedded and Semi-Custom segment.
  • Gross margin was 45 percent, flat year-over-year and up 1 percentage point quarter-over-quarter.
  • Operating income was $570 million compared to $348 million a year ago and operating income of $449 million in the prior quarter. Non-GAAP operating income was $663 million compared to $405 million a year ago and $525 million in the prior quarter. Operating income improvements were primarily driven by revenue growth.
  • Net income was $1.78 billion, including an income tax benefit of $1.30 billion associated with a valuation allowance release, as compared to $170 million a year ago and $390 million in the prior quarter. Non-GAAP net income was $636 million compared to $383 million a year ago and $501 million in the prior quarter.
  • Diluted earnings per share was $1.45, including an income tax benefit that contributed $1.06 to earnings per share, as compared to $0.15 a year ago and $0.32 in the prior quarter. Non-GAAP diluted earnings per share was $0.52 compared to $0.32 a year ago and $0.41 in the prior quarter.
  • Cash, cash equivalents and short-term investments were $2.29 billion at the end of the quarter.
  • Operating cash flow was $554 million in the quarter compared to $442 million a year ago and $339 million in the prior quarter. Free cash flow was $480 million in the quarter compared to $400 million a year ago and $265 million in the prior quarter.

Quarterly Financial Segment Summary

  • Computing and Graphics segment revenue was $1.96 billion, up 18 percent year-over-year and quarter-over-quarter primarily driven by strong sales of Ryzen™ processors.
    • Client processor average selling price (ASP) was lower year-over-year due to a higher mix of Ryzen mobile processor sales. Client processor ASP was higher quarter-over-quarter driven by Ryzen desktop processor sales.
    • Radeon™ graphics product ASPs were higher year-over-year and quarter-over-quarter.
    • Operating income was $420 million compared to $360 million a year ago and $384 million in the prior quarter. The year-over-year and quarter-over-quarter increases were primarily driven by higher Ryzen processor sales.
  • Enterprise, Embedded and Semi-Custom segment revenue was $1.28 billion, up 176 percent year-over-year and 13 percent quarter-over-quarter driven by higher semi-custom and EPYC™ processor sales.
    • Operating income was $243 million compared to $45 million a year ago and $141 million in the prior quarter. Operating income improvements were primarily driven by higher revenue.
  • All Other operating loss was $93 million, including $14 million acquisition-related costs, as compared to operating losses of $57 million a year ago and $76 million in the prior quarter.

2020 Annual Results

  • Revenue of $9.76 billion was up 45 percent over 2019 driven by significantly higher revenue in both the Computing and Graphics segment and the Enterprise, Embedded and Semi-Custom segment.
  • Gross margin was 45 percent, up 2 percentage points over 2019. Gross margin expansion was primarily driven by Ryzen and EPYC processor sales.
  • Operating income was $1.37 billion compared to $631 million in the prior year. Non-GAAP operating income was $1.66 billion compared to $840 million in the prior year. The operating income improvement was primarily driven by higher revenue and gross margin expansion.
  • Net income was $2.49 billion, including a $1.30 billion income tax benefit recorded in the fourth quarter, as compared to $341 million in the prior year. Non-GAAP net income was $1.58 billion compared to $756 million in the prior year.
  • Diluted earnings per share was $2.06, including an income tax benefit contribution of $1.07 per share, as compared to $0.30 in the prior year. Non-GAAP diluted earnings per share was $1.29 compared to $0.64 in the prior year.
  • Operating cash flow was $1.07 billion for the year compared to $493 million in the prior year. Free cash flow was $777 million for the year compared to $276 million in the prior year.

Recent PR Highlights

  • At CES 2021, AMD announced the world’s best processors for laptops, the AMD Ryzen 5000 Series Mobile Processors. With the “Zen 3” core architecture, AMD Ryzen 5000 Series Mobile Processors provide unprecedented performance and battery life. AMD also announced the AMD Ryzen PRO 5000 Series Mobile processors for enterprise, expected to be available in the first half of 2021.
  • AMD launched the AMD Radeon RX 6000 Series of GPUs for next-generation PC gaming, including the fastest AMD gaming graphics card ever, the AMD Radeon RX 6900 XT GPU. The new graphics cards are built upon the groundbreaking AMD RDNA™ 2 gaming architecture, which delivers up to 2x higher performance and up to 54 percent higher performance-per-watt compared to Radeon graphics cards built on AMD RDNA architecture.
  • AMD publicly demonstrated the 3rd Generation AMD EPYC processors, codenamed “Milan,” for the first time at CES 2021. Running WRF, a tool for climate research and weather forecasting, the 3rd Gen AMD EPYC processor-powered server completed the forecast approximately 68 percent faster than the competition.
  • Amazon Web Services (AWS) expanded its AMD-powered cloud offerings with the new Amazon Elastic Compute Cloud (EC2) G4ad instances for graphics-optimized workloads. Using 2nd Gen AMD EPYC CPUs and AMD Radeon Pro V520 GPUs, the instances deliver up to 40 percent better graphics performance compared to existing AWS GPU offerings.
  • Microsoft Azure is using 2nd Gen AMD EPYC processors to power its HBv2 virtual machines (VMs) for high performance computing (HPC) workloads and announced plans to utilize the upcoming 3rd generation AMD EPYC processors for future HB-series VM products for HPC.
  • HPE, CSC Finland and EuroHPC introduced the upcoming pre-exascale LUMI supercomputer in Finland, which will be powered by AMD EPYC CPUs and AMD Instinct™ accelerators. LUMI is expected to deliver 551 petaflops of performance when it comes online in 2021.  
  • AMD announced the AMD Instinct MI100 accelerator, built on the all-new AMD CDNA architecture. The MI100 is the world’s fastest HPC GPU for scientific research and is supported by new accelerated compute platforms from Dell, GIGABYTE, HPE and Supermicro.  
  • IBM and AMD announced a multi-year joint development agreement to drive confidential computing in hybrid cloud environments through open source software, open standards and open system architectures. 

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.
For the first quarter of 2021, AMD expects revenue to be approximately $3.2 billion, plus or minus $100 million, an increase of approximately 79 percent year-over-year and down 1 percent sequentially. The year-over-year increase is expected to be driven by growth in all businesses. AMD expects non-GAAP gross margin to be approximately 46 percent in the first quarter of 2021.

For the full year 2021, AMD expects revenue growth of approximately 37 percent over 2020 driven by growth in all businesses. AMD expects non-GAAP gross margin to be approximately 47 percent for 2021.

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 and full year 2020 financial results. AMD will provide a real-time audio broadcast of the teleconference on the Investor Relations page of its website at www.amd.com. The webcast will be available for 12 months after the conference call. 

         
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES        
(In millions, except per share data) (Unaudited)        
    Three Months Ended   Year Ended
    December 26,
2020
  September 26,
2020
  December 28,
2019
  December 26,
2020
  December 28,
2019
GAAP gross profit   $ 1,451      $ 1,230      $ 949      $ 4,347      $ 2,868   
GAAP gross margin %   45  %   44  %   45  %   45  %   43  %
Stock-based compensation   1     1     1     6     6  
Non-GAAP gross profit   $ 1,452      $ 1,231      $ 950      $ 4,353      $ 2,874   
Non-GAAP gross margin %   45  %   44  %   45  %   45  %   43  %
                     
GAAP operating expenses   $ 881      $ 781      $ 601      $ 2,978      $ 2,297   
GAAP operating expenses/revenue %   27  %   28  %   28  %   31  %   34  %
Stock-based compensation   78     75     56     268     191  
Loss contingency on legal matter                   12  
Acquisition-related costs   14             14      
Non-GAAP operating expenses   $ 789      $ 706      $ 545      $ 2,696      $ 2,094   
Non-GAAP operating expenses/revenue%   24  %   25  %   26  %   28  %   31  %
                     
GAAP operating income   $ 570      $ 449      $ 348      $ 1,369      $ 631   
GAAP operating margin %   18  %   16  %   16  %   14  %   %
Stock-based compensation   79     76     57     274     197  
Loss contingency on legal matter                   12  
Acquisition-related costs   14             14      
Non-GAAP operating income   $ 663      $ 525      $ 405      $ 1,657      $ 840   
Non-GAAP operating margin %   20  %   19  %   19  %   17  %   12  %
                               

    Three Months Ended   Year Ended
    December 26,
2020
  September 26,
2020
  December 28,
2019
  December 26,
2020
  December 28,
2019
GAAP net income / earnings per share   $ 1,781      $ 1.45      $ 390      $ 0.32      $ 170      $ 0.15      $ 2,490      $ 2.06      $ 341      $ 0.30   
Loss on debt redemption/conversion   16     0.01     38     0.03     128     0.10     54     0.04     176     0.15  
Non-cash interest expense related to convertible debt           2         4         6         22     0.02  
Stock-based compensation   79     0.06     76     0.06     57     0.05     274     0.22     197     0.16  
Equity income in investee   (3 )       (1 )               (5 )            
Loss contingency on legal matter                                   12     0.01  
Acquisition-related costs   14     0.01                     14     0.01          
Release of valuation allowance on deferred tax assets   (1,301 )   (1.06 )                   (1,301 )   (1.07 )        
Income tax provision (benefit)   50     0.05     (4 )       24     0.02     43     0.03     8      
Non-GAAP net income / earnings per share   $ 636      $ 0.52      $ 501      $ 0.41      $ 383      $ 0.32      $ 1,575      $ 1.29      $ 756      $ 0.64   
                                                                                 
Shares used and net income adjustment in earnings per share calculation (1)                                                                                
Shares used in per share calculation (GAAP)     1,226       1,215       1,188       1,207       1,120  
Interest expense add-back to GAAP net income   $     $ 1     $ 4     $ 1     $  
Shares used in per share calculation (Non-GAAP)     1,232       1,230       1,216       1,228       1,209  
Interest expense add-back to Non-GAAP net income   $     $ 1     $ 2     $ 4     $ 16  

(1) For the three months ended December 26, 2020, September 26, 2020 and December 28, 2019, GAAP diluted EPS calculations include 3 million, 11 million and 31 million shares, respectively, related to the assumed conversion of the Company's 2026 Convertible Notes and the associated $0 million, $1 million and $4 million interest expense, respectively, add-back to net income under the "if converted" method.
   
  For the year ended December 26, 2020, GAAP diluted EPS calculations include 3 million shares related to the assumed conversion of the Company's 2026 Convertible Notes and the associated $1 million interest expense add-back to net income under the "if converted" method. For the year ended December 28, 2019, 89 million shares related to the assumed conversion of the Company's 2026 Convertible Notes were not included in the GAAP diluted EPS calculations as their inclusion would have been anti-dilutive.
   
  For the three months ended December 26, 2020, September 26, 2020 and December 28, 2019, Non-GAAP diluted EPS calculations include 9 million, 26 million and 59 million shares, respectively, related to the assumed conversion of the Company's 2026 Convertible Notes and the associated $0 million, $1 million and $2 million interest expense, respectively, add-back to net income under the "if converted" method.
   
  For the year ended December 26, 2020 and December 28, 2019, Non-GAAP diluted EPS calculations include 24 million and 89 million shares, respectively, related to the assumed conversion of the Company's 2026 Convertible Notes and the associated $4 million and $16 million interest expense, respectively, add-back to net income under the "if converted" method.
   

About AMD

For more than 50 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies – the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, Facebook and Twitter pages.

Cautionary Statement

This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as AMD’s strong growth opportunities; the features, functionality, performance, availability, timing and expected benefits of AMD products; and AMD’s expected first quarter 2021 and fiscal 2021 financial outlook, including revenue and non-GAAP gross margin and expected drivers based on current expectations 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 press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release 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; the ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; expected manufacturing yields for AMD’s products; the availability of essential equipment, materials or manufacturing processes; AMD's ability to introduce products on a timely basis with features and performance levels that provide value to its customers; global economic uncertainty; the loss of a significant customer; AMD's ability to generate revenue from its semi-custom SoC products;  the impact of the COVID-19 pandemic on AMD’s business, financial condition and results of operations; political, legal, economic risks and natural disasters; the impact of government actions and regulations such as export administration regulations, tariffs and trade protection measures; the impact of acquisitions, joint ventures and/or investments on AMD's business, including the announced acquisition of Xilinx, Inc. (Xilinx), and the failure to integrate acquired businesses; AMD’s ability to complete the Xilinx merger; the impact of the announcement and pendency of the Xilinx merger on AMD’s business; potential security vulnerabilities; potential IT outages, data loss, data breaches and cyber-attacks; uncertainties involving the ordering and shipment of AMD’s products; quarterly and seasonal sales patterns; the restrictions imposed by agreements governing AMD’s notes and the revolving credit facility; the competitive markets in which AMD’s products are sold; market conditions of the industries in which AMD products are sold; AMD’s reliance on third-party intellectual property to design and introduce new products in a timely manner; AMD's reliance on third-party companies for the design, manufacture and supply of motherboards, software and other computer platform components; AMD's reliance on Microsoft Corporation and other software vendors' support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; the potential dilutive effect if the 2.125% Convertible Senior Notes due 2026 are converted; future impairments of goodwill and technology license purchases; AMD’s ability to attract and retain qualified personnel; AMD's ability to generate sufficient revenue and operating cash flow or obtain external financing for research and development or other strategic investments; AMD's indebtedness; AMD's ability to generate sufficient cash to service its debt obligations or meet its working capital requirements; AMD's ability to repurchase its outstanding debt in the event of a change of control; the cyclical nature of the semiconductor industry; the impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; the efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMD’s stock price volatility; worldwide political conditions; unfavorable currency exchange rate fluctuations; AMD’s ability to effectively control the sales of its products on the gray market; AMD's ability to adequately protect its technology or other intellectual property; current and future claims and litigation; potential tax liabilities; and the impact of environmental laws, conflict minerals-related provisions and other laws or regulations. 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 September 26, 2020.

(*) In this earnings press release, in addition to GAAP financial results, AMD has provided non-GAAP financial measures including non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income and non-GAAP earnings per share. AMD uses a normalized tax rate in its computation of the non-GAAP income tax provision to provide better consistency across the reporting periods. For full year 2020, AMD uses a non-GAAP tax rate of 3%, which excludes the direct tax impacts of pre-tax non-GAAP adjustments. AMD also provided adjusted EBITDA and free cash flow as supplemental non-GAAP measures of its performance. These items are defined in the footnotes to the selected corporate data tables provided at the end of this earnings press release. AMD is providing these financial measures because it believes this non-GAAP presentation makes it easier for investors to compare its operating results for current and historical periods and also because AMD believes it assists investors in comparing AMD’s performance across reporting periods on a consistent basis by excluding items that it does not believe are indicative of its core operating performance and for the other reasons described in the footnotes to the selected data tables. The non-GAAP financial measures disclosed in this earnings press release should be viewed in addition to and not as a substitute for or superior to AMD’s reported results prepared in accordance with GAAP and should be read only in conjunction with AMD’s Consolidated Financial Statements prepared in accordance with GAAP. These non-GAAP financial measures referenced are reconciled to their most directly comparable GAAP financial measures in the data tables at the end of this earnings press release. This earnings press release also contains forward-looking non-GAAP gross margin concerning AMD’s financial outlook, which is based on current expectations as of January 26, 2021 and assumptions and beliefs that involve numerous risks and uncertainties. AMD undertakes no intent or obligation to publicly update or revise its outlook statements as a result of new information, future events or otherwise, except as may be required by law.


AMD, the AMD Arrow logo, EPYC, Radeon, Ryzen, Instinct, Threadripper and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and used to identify companies and products and may be trademarks of their respective owner.

ADVANCED MICRO DEVICES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Millions except per share amounts and percentages) (Unaudited)
 
    Three Months Ended   Year Ended
    December 26,
2020
  September 26,
2020
  December 28,
2019
  December 26,
2020
  December 28,
2019
Net revenue   $ 3,244        $ 2,801        $ 2,127        $ 9,763        $ 6,731     
Cost of sales   1,793        1,571        1,178        5,416        3,863     
Gross profit   1,451        1,230        949        4,347        2,868     
Gross margin %   45    %   44    %   45    %   45    %   43    %
Research and development   573        508        395        1,983        1,547     
Marketing, general and administrative   308        273        206        995        750     
Licensing gain   —        —        —        —        (60 )  
Operating income   570        449        348        1,369        631     
Interest expense   (9 )     (11 )     (18 )     (47 )     (94 )  
Other expense, net   (15 )     (37 )     (125 )     (47 )     (165 )  
Income before income taxes and equity income   546        401        205        1,275        372     
Income tax provision (benefit)   (1,232 )     12        35        (1,210 )     31     
Equity income in investee               —              —     
Net Income   $ 1,781        $ 390        $ 170        $ 2,490        $ 341     
Earnings per share                    
Basic   $ 1.48        $ 0.33        $ 0.15        $ 2.10        $ 0.31     
Diluted   $ 1.45        $ 0.32        $ 0.15        $ 2.06        $ 0.30     
Shares used in per share calculation                    
Basic   1,205        1,184        1,140        1,184        1,091     
Diluted   1,226        1,215        1,188        1,207        1,120     
                                         

ADVANCED MICRO DEVICES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Millions) (Unaudited)
                 
    December 26,
2020
  December 28,
2019
ASSETS        
Current assets:        
Cash and cash equivalents   $ 1,595     $ 1,466  
Short-term investments   695     37  
Accounts receivable, net   2,066     1,859  
Inventories   1,399     982  
Receivables from related parties   10     20  
Prepaid expenses and other current assets   378     233  
Total current assets   6,143     4,597  
Property and equipment, net   641     500  
Operating lease right-of-use assets   208     205  
Goodwill   289     289  
Investment: equity method   63     58  
Deferred tax assets   1,245     22  
Other non-current assets   373     357  
Total Assets   $ 8,962     $ 6,028  
         
LIABILITIES AND STOCKHOLDERS' EQUITY        
Current liabilities:        
Accounts payable   468     988  
Payables to related parties   78     213  
Accrued liabilities   1,796     1,084  
Other current liabilities   75     74  
Total current liabilities   2,417     2,359  
Long-term debt, net   330     486  
Long-term operating lease liabilities   201     199  
Other long-term liabilities   177     157  
         
Stockholders' equity:        
Capital stock:        
Common stock, par value   12     12  
Additional paid-in capital   10,544     9,963  
Treasury stock, at cost   (131 )   (53 )
Accumulated deficit   (4,605 )   (7,095 )
Accumulated other comprehensive income   17      
Total stockholders' equity   $ 5,837     $ 2,827  
Total Liabilities and Stockholders' equity   $ 8,962     $ 6,028  
                 

ADVANCED MICRO DEVICES, INC.
SELECTED CASH FLOW INFORMATION
(Millions) (Unaudited)
 
    Three Months Ended   Year Ended
    December 26,
2020
  September 26,
2020
  December 28,
2019
  December 26,
2020
  December 28,
2019
Net cash provided by (used in)                    
Operating activities   $ 554     $ 339     $ 442     $ 1,071     $ 493  
Investing activities   $ (294 )   $ (549 )   $ (26 )   $ (952 )   $ (149 )
Financing activities   $ 35     $ (269 )   $ (107 )   $ 6     $ 43  
                                         

SELECTED CORPORATE DATA
(Millions) (Unaudited)
 
    Three Months Ended   Year Ended
    December 26,
2020
  September 26,
2020
  December 28,
2019
  December 26,
2020
  December 28,
2019
Segment and Category Information                    
Computing and Graphics(1)                    
Net revenue   $ 1,960     $ 1,667     $ 1,662     $ 6,432     $ 4,709  
Operating income   $ 420     $ 384     $ 360     $ 1,266     $ 577  
Enterprise, Embedded and Semi-Custom(2)                    
Net revenue   $ 1,284     $ 1,134     $ 465     $ 3,331     $ 2,022  
Operating income   $ 243     $ 141     $ 45     $ 391     $ 263  
All Other(3)                    
Net revenue   $     $     $     $     $  
Operating loss   $ (93 )   $ (76 )   $ (57 )   $ (288 )   $ (209 )
Total                    
Net revenue   $ 3,244      $ 2,801      $ 2,127      $ 9,763      $ 6,731   
Operating income   $ 570      $ 449      $ 348      $ 1,369      $ 631   
                                         
                                         
Other Data                                        
Capital expenditures   $ 74     $ 74     $ 42     $ 294     $ 217  
Adjusted EBITDA(4)   $ 753     $ 607     $ 469     $ 1,969     $ 1,062  
Cash, cash equivalents and short-term investments   $ 2,290     $ 1,771     $ 1,503     $ 2,290     $ 1,503  
Free cash flow(5)   $ 480     $ 265     $ 400     $ 777     $ 276  
Total assets   $ 8,962     $ 7,023     $ 6,028     $ 8,962     $ 6,028  
Total debt   $ 330     $ 373     $ 486     $ 330     $ 486  

(1) The Computing and Graphics segment, which primarily includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs and development services. From time to time, the Company may also sell or license portions of its IP portfolio.
   
(2) The Enterprise, Embedded and Semi-Custom segment, which primarily includes server and embedded processors, semi-custom System-on-Chip (SoC) products, development services and technology for game consoles. From time to time, the Company may also sell or license portions of its IP portfolio.
   
(3) All Other category primarily includes certain expenses and credits that are not allocated to any of the operating segments. Also included in this category is stock-based compensation expense and acquisition-related costs.
   
(4) Reconciliation of GAAP Net Income to Adjusted EBITDA*

    Three Months Ended   Year Ended
    December 26,
2020
  September 26,
2020
  December 28,
2019
  December 26,
2020
  December 28,
2019
GAAP net income   $ 1,781     $ 390     $ 170     $ 2,490     $ 341  
Interest expense   9     11     18     47     94  
Other expense, net   15     37     125     47     165  
Income tax provision (benefit)   (1,232 )   12     35     (1,210 )   31  
Equity income in investee   (3 )   (1 )       (5 )    
Stock-based compensation   79     76     57     274     197  
Depreciation and amortization   90     82     64     312     222  
Acquisition-related costs   14             14      
Loss contingency on legal matter                   12  
Adjusted EBITDA   $ 753     $ 607     $ 469     $ 1,969     $ 1,062  
                                         


(5) Free Cash Flow Reconciliation**

    Three Months Ended   Year Ended
    December 26,
2020
  September 26,
2020
  December 28,
2019
  December 26,
2020
  December 28,
2019
GAAP net cash provided by operating activities   $ 554     $ 339     $ 442     $ 1,071     $ 493  
Purchases of property and equipment   (74 )   (74 )   (42 )   (294 )   (217 )
Free cash flow   $ 480     $ 265     $ 400     $ 777     $ 276  

* The Company presents “Adjusted EBITDA” as a supplemental measure of its performance. Adjusted EBITDA for the Company is determined by adjusting GAAP net income for interest expense, other expense, net, income tax provision (benefit), equity income on investee, stock-based compensation, and depreciation and amortization expense. The Company also included acquisition-related costs for the quarter and the year ended December 26, 2020, and a loss contingency on legal matter for the year ended December 28, 2019. The Company calculates and presents Adjusted EBITDA because management believes it is of importance to investors and lenders in relation to its overall capital structure and its ability to borrow additional funds. In addition, the Company presents Adjusted EBITDA because it believes this measure assists investors in comparing its performance across reporting periods on a consistent basis by excluding items that the Company does not believe are indicative of its core operating performance. The Company’s calculation of Adjusted EBITDA may or may not be consistent with the calculation of this measure by other companies in the same industry. Investors should not view Adjusted EBITDA as an alternative to the GAAP operating measure of income or GAAP liquidity measures of cash flows from operating, investing and financing activities. In addition, Adjusted EBITDA does not take into account changes in certain assets and liabilities that can affect cash flows.
   
** The Company also presents free cash flow as a supplemental Non-GAAP measure of its performance. Free cash flow is determined by adjusting GAAP net cash provided by operating activities for capital expenditures. The Company calculates and communicates free cash flow in the financial earnings press release because management believes it is of importance to investors to understand the nature of these cash flows. The Company’s calculation of free cash flow may or may not be consistent with the calculation of this measure by other companies in the same industry. Investors should not view free cash flow as an alternative to GAAP liquidity measures of cash flows from operating activities.
   
  The Company has provided reconciliations within the earnings press release of these Non-GAAP financial measures to the most directly comparable GAAP financial measures.

Media Contact:
Drew Prairie
AMD Communications
512-602-4425
drew.prairie@amd.com

Investor Contact:
Laura Graves
AMD Investor Relations
408-749-5467
laura.graves@amd.com


Primary Logo

Source: Advanced Micro Devices, Inc.

AMD to Report Fourth Quarter & Fiscal Year 2020 Financial Results

SANTA CLARA, Calif., Jan. 13, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) announced today that it will report fourth quarter and fiscal year 2020 financial results on Tuesday, January 26, 2021 after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EST / 2:00 p.m. PST. Interested parties are invited to listen to the webcast of the conference call via AMD’s Investor Relations website ir.amd.com. An archive of the webcast will be available for approximately one year after the conference call.

About AMD
For more than 50 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) websiteblog, LinkedIn, Facebook and Twitter pages.

AMD, the AMD Arrow logo and the combination thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

Contact
Drew Prairie
AMD Communications
512-602-4425
drew.prairie@amd.com

Laura Graves
AMD Investor Relations
408-749-5467
laura.graves@amd.com


Primary Logo

Source: Advanced Micro Devices, Inc.

AMD President and CEO Lisa Su Showcases a Digital-First World at Consumer Technology Association’s Consumer Electronics Show

― Dr. Su’s keynote highlights the acceleration of digital transformation at home, work and in entertainment with appearances from Microsoft, HP, Lucasfilm, Lenovo and Mercedes-AMG Petronas Formula 1 Team ―

SANTA CLARA, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Today at Consumer Technology Association’s Consumer Electronics Show, AMD (NASDAQ: AMD) showcased technology innovations that are improving how consumers live, work and play. During her keynote, AMD President and CEO Dr. Lisa Su reiterated the importance of high-performance computing in people’s daily lives and the ways in which the acceleration of digital transformation – at home and at work – point to a bright future this year and beyond. To power that future, Dr. Su announced a new family of high-performance mobile processors for laptops and offered a preview of an upcoming next-generation server processor for data centers.

“AMD is incredibly proud to be at the heart of products, services and experiences keeping us productive, learning, connected and entertained in an increasingly ‘digital first’ world,” said Dr. Su. “We are committed to consistently pushing the envelope on what’s possible in PCs, gaming, data centers and the cloud together with our industry partners.”

Dr. Su was joined in the keynote by a diverse set of partners: HP CEO Enrique Lores, Lenovo CEO Yang Yuanqing, Vice President of Technology for Lucasfilm François Chardavoine, Mercedes-AMG Petronas Formula One Team Driver Lewis Hamilton and Team Principal and CEO Toto Wolff, and Microsoft Chief Product Officer Panos Panay. Each shared how they partner with AMD to offer some of the most exciting products, services and experiences to people around the world. For example, Lewis Hamilton, Formula 1 World Champion, discussed the role of high-performance computing in racing, from the design and testing of the car to the analysis of race data for competitive advantage. (38:50 – 45:55)

In addition, scientific researchers explained how an additional 12 petaflops of donated AMD EPYC™ and AMD Radeon Instinct compute power is accelerating their work to research infectious disease including COVID-19. (6:00 – 9:00)

New Product Innovation
AMD showcased its track record of executing consistently against its ambitious product roadmap again at CES 2021. Dr. Su announced the new AMD Ryzen™ 5000 series mobile processors that bring the industry-leading performance1 and high efficiency of the “Zen 3” core to laptops, and shared the first public demonstration of the upcoming 3rd Gen AMD EPYC™ server processor for data centers, cloud services and high-performance computing.

AMD Ryzen 5000 Series Mobile Processors – powerful and energy-efficient PC processors for ultrathin and gaming laptops.
To support the dramatic shift to working and learning from home, AMD launched new AMD Ryzen 5000 series processors based on the “Zen 3” core, combining industry-leading performance1 with the power efficiency needed for next-generation mobile PC computing. (18:29 – 23:42)

  • The world’s top notebook OEMs, including Asus, HP and Lenovo, will all bring AMD Ryzen 5000 systems to market starting in February, with more than 150 systems expected to launch this year.
  • The newly announced family of AMD processors includes AMD Ryzen 5000 U-Series Processors optimized for thin and light notebooks, as well as AMD Ryzen 5000 H-Series Processors for mobile gamers and creators.
  • HP CEO Enrique Lores and Lenovo CEO Yang Yuanqing discussed how their companies in partnership with AMD are shaping the compute experience of the future with new form factors. (23:43 – 27:15; 35:30 – 38:49)
  • Microsoft Chief Product Officer Panos Panay discussed the essential nature of the PC for connecting, working, learning and gaming and the AMD and Microsoft co-engineering that is revolutionizing these computing experiences. (11:00 – 17:15)

3rd Gen AMD EPYC Processor, codenamed “Milan” – designed to extend AMD leadership in performance, total cost of ownership and security features.
AMD EPYC processors are at the heart of the supercomputers, data centers and cloud services underpinning scientific research, global business, ecommerce and increasingly important cloud services like online learning, collaboration applications and video conferencing. In her keynote, Dr. Su provided the first public demonstration of the 3rd Gen AMD EPYC processor, codenamed “Milan.” The demonstration featured the Weather Research and Forecast (WRF) Model – used in more than 160 countries – crunching through a compute-intensive weather forecast for the continental United States, with two 32-core “Milan” processors outperforming two of the competition’s highest end dual socket processors by ~68%2. (46:03 – 48:48) 3rd Gen AMD EPYC processors will raise the bar for performance, advanced security features and the business value for which AMD is known. AMD plans to announce product and ecosystem details in Q1 2021.

Supporting Resources

  • Watch the opening video here
  • See clips from our partners here:
    -- HP CEO Enrique Lores (23:43 – 27:15)
    -- Lenovo CEO Yang Yuanqing (35:30 – 38:49)
    -- Vice President of Technology for Lucasfilm François Chardavoine (30:32 – 35:29)
    -- Mercedes-AMG Petronas Formula 1 Team Driver Lewis Hamilton and Team CEO Toto Wolff (38:50 – 45:55)
    -- Microsoft Chief Product Officer Panos Panay (11:00 – 17:15)
  • Listen to scientific researchers discuss the impact of the AMD HPC Fund here: (6:00 – 9:00)
  • Learn more about AMD Ryzen Mobile Processors here
  • Learn more about AMD EPYC Processors here
  • Learn more about supercharging creativity with the Radeon RX 6900 XT and see a ProRender-developed demo of the Mercedes-AMG F1 W11 EG performance car here
  • Follow AMD on Twitter to stay up to date

CAUTIONARY STATEMENT

This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as the features, functionality, performance, availability, timing and expected benefits of AMD products including the AMD Ryzen™ 5000 Series Mobile Processors and the 3rd Gen AMD EPYC™ Server Processor, 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 press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release 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; the ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; expected manufacturing yields for AMD’s products; the availability of essential equipment, materials or manufacturing processes; AMD's ability to introduce products on a timely basis with features and performance levels that provide value to its customers; global economic uncertainty; the loss of a significant customer; AMD's ability to generate revenue from its semi-custom SoC products; the impact of the COVID-19 pandemic on AMD’s business, financial condition and results of operations; political, legal, economic risks and natural disasters; the impact of government actions and regulations such as export administration regulations, tariffs and trade protection measures; the impact of acquisitions, joint ventures and/or investments on AMD's business, including the announced acquisition of Xilinx, and the failure to integrate acquired businesses; AMD’s ability to complete the Xilinx merger; the impact of the announcement and pendency of the Xilinx merger on AMD’s business; potential security vulnerabilities; potential IT outages, data loss, data breaches and cyber-attacks; uncertainties involving the ordering and shipment of AMD’s products; quarterly and seasonal sales patterns; the restrictions imposed by agreements governing AMD’s notes and the revolving credit facility; the competitive markets in which AMD’s products are sold; market conditions of the industries in which AMD products are sold; AMD’s reliance on third-party intellectual property to design and introduce new products in a timely manner; AMD's reliance on third-party companies for the design, manufacture and supply of motherboards, software and other computer platform components; AMD's reliance on Microsoft Corporation and other software vendors' support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; the potential dilutive effect if the 2.125% Convertible Senior Notes due 2026 are converted; future impairments of goodwill and technology license purchases; AMD’s ability to attract and retain qualified personnel; AMD's ability to generate sufficient revenue and operating cash flow or obtain external financing for research and development or other strategic investments; AMD's indebtedness; AMD's ability to generate sufficient cash to service its debt obligations or meet its working capital requirements; AMD's ability to repurchase its outstanding debt in the event of a change of control; the cyclical nature of the semiconductor industry; the impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; the efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMD’s stock price volatility; worldwide political conditions; unfavorable currency exchange rate fluctuations; AMD’s ability to effectively control the sales of its products on the gray market; AMD's ability to adequately protect its technology or other intellectual property; current and future claims and litigation; potential tax liabilities; and the impact of environmental laws, conflict minerals-related provisions and other laws or regulations. 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 September 26, 2020.

About AMD
For more than 50 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ:AMD) website, blog, Facebook and Twitter pages.

AMD, the AMD logo, EPYC, Ryzen, and combinations thereof are trademarks of Advanced Micro Devices, Inc.

1 As of December 2020, the Ryzen 5000 series mobile processors are the fastest mobile processors with the highest-performing single-thread and multi-thread performance available on x86 mobile processors, measured by AMD Labs with Cinebench R.20 1T and Cinebench R20 nT respectively. Performance may vary. CZM-35
2 AMD internal testing completed on 7Dec2020 on a reference platform with 2x pre-production EPYC™ 7003 series 32-core processors, compared to an Intel server on a production system with 2x Intel® Xeon® Gold 6258R (28C) processors. Results may vary. MIL-002

Contact:
Sarah Feller
AMD Communications
(512) 602-4333
sarah.feller@amd.com  

Laura Graves
AMD Investor Relations
(408) 749-5467
laura.graves@amd.com  

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/40559877-3a75-4ec3-9b77-999c9259e9c3

https://www.globenewswire.com/NewsRoom/AttachmentNg/eef5cdd6-720b-4f0e-a406-de07bad46406

https://www.globenewswire.com/NewsRoom/AttachmentNg/31ef0506-7167-4070-b648-1ebfbaa98ef4


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AMD at CES 2021

AMD CEO Dr. Lisa Su talks with Vice President of Technology for Lucasfilm François Chardavoine at CES 2021.
AMD at CES 2021

AMD CEO Dr. Lisa Su talks with Mercedes-AMG Petronas Formula One Team Driver Lewis Hamilton at CES 2021.
AMD at CES 2021

AMD CEO Dr. Lisa Su talks with Microsoft Chief Product Officer Panos Panay at CES 2021.
Source: Advanced Micro Devices, Inc.

AMD Announces World’s Best Mobile Processors¹ In CES 2021 Keynote

AMD Ryzen Threadripper PRO Processors, designed for the most demanding professional workloads, coming to retail channel

SANTA CLARA, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- CES 2021 -- Today, AMD (NASDAQ: AMD) announced the full portfolio of AMD Ryzen™ 5000 Series Mobile Processors, bringing the highly-efficient and extremely powerful “Zen 3” core architecture to the laptop market. New AMD Ryzen 5000 Series Mobile Processors provide unprecedented levels of performance and incredible battery life for gamers, creators, and professionals. New laptops powered by Ryzen 5000 Series Mobile processors will be available from major PC manufacturers including ASUS, HP and Lenovo, starting in Q1 2021. Expanding its leadership client computing product portfolio featuring the “Zen 3” core, AMD also announced the AMD Ryzen PRO 5000 Series Mobile Processors, delivering enterprise-grade security and seamless manageability to commercial users. Throughout the course of 2021, AMD expects a broad portfolio of more than 150 consumer and commercial notebooks based on the Ryzen 5000 Series Mobile Processors.

“As the PC becomes an even more essential part of how we work, play and connect, users demand more performance, security and connectivity,” said Saeid Moshkelani, senior vice president and general manager, Client business unit, AMD. “The new AMD Ryzen 5000 Series Desktop and Mobile Processors bring the best innovation AMD has to offer to consumers and professionals as we continue our commitment to delivering best-in-class experiences with instant responsiveness, incredible battery life and fantastic designs. With our PC partners, we are delivering top-quality performance and no-compromise solutions alongside our record-breaking growth in the notebook and desktop space in the previous year.”

AMD Ryzen 5000 Series Mobile Processors

Building upon the previous generation of leadership mobile processors, the Ryzen 5000 Series includes high-performance H- and ultra-mobile U-Series processors. At the top of the product stack, AMD Ryzen 5000 H-Series Mobile Processors deliver impressive gaming experiences by combining unmatched performance with outstanding battery life, featuring up to 8 cores and 16 threads and built on the new AMD “Zen 3” architecture.

Topping out the mobile processor offering, the HX Series processors provide gamers and creators with elite-level performance while HS processors bring the power of H-Series in thinner and lighter form factors. The new AMD Ryzen 9 5980HX processor is capable of up to 23% increased single-threaded performance and up to 17% faster multi-threaded performance over the previous generation2 making it the ideal solution for gaming and creator notebooks.

For mainstream consumers looking for performance on-the-go, the AMD Ryzen 5000 U-Series Mobile Processors offer the perfect blend of performance and efficiency. The new AMD Ryzen 7 5800U processor offers:

  • Up to 16% more single-threaded performance and up to 14% faster multithreaded performance over the previous generation3
  • Up to an incredible 17.5 hours of general usage battery life and up to 21 hours of movie playback on a single charge4

Product Specification: AMD Ryzen 5000 Series Mobile Processors

Model Cores/Threads Boost5/Base6
Frequency (GHz)
Cache (MB) TDP (Watts) Architecture
AMD Ryzen 9 5980HX 8C/16T Up to 4.8 / 3.3 GHz 20 45+ “Zen 3”
AMD Ryzen 9 5980HS 8C/16T Up to 4.8 / 3.0 GHz 20 35 “Zen 3”
AMD Ryzen 9 5900HX 8C/16T Up to 4.6 / 3.3 GHz 20 45+ “Zen 3”
AMD Ryzen 9 5900HS 8C/16T Up to 4.6 / 3.0 GHz 20 35 “Zen 3”
AMD Ryzen 7 5800H 8C/16T Up to 4.4 / 3.2 GHz 20 45 “Zen 3”
AMD Ryzen 7 5800HS 8C/16T Up to 4.4 / 2.8 GHz 20 35 “Zen 3”
AMD Ryzen 5 5600H 6C/12T Up to 4.2 / 3.3 GHz 19 45 “Zen 3”
AMD Ryzen 5 5600HS 6C/12T Up to 4.2 / 3.0 GHz 19 35 “Zen 3”
AMD Ryzen 7 5800U 8C/16T Up to 4.4 / 1.9 GHz 20 15 “Zen 3”
AMD Ryzen 7 5700U 8C/16T Up to 4.3 /1.8 GHz 12 15 “Zen 2”
AMD Ryzen 5 5600U 6C/12T Up to 4.2 / 2.3 GHz 19 15 “Zen 3”
AMD Ryzen 5 5500U 6C/12T Up to 4.0 / 2.1G Hz 11 15 “Zen 2”
AMD Ryzen 3 5300U 4C/8T Up to 3.8 / 2.6 GHz 6 15 “Zen 2”

Available in the first half of 2021, the Ryzen™ PRO 5000 Series Mobile Processors provide new levels of productivity and collaboration along with seamless manageability to meet the ever-shifting demands of modern work environments. The Ryzen PRO 5000 Series Mobile Processors also offer enterprise-level security features with innovative layers of defense at the silicon, OS and platform levels, giving IT teams confidence their PCs have protection, no matter where their workforce is stationed.

AMD Ryzen Desktop Processors

AMD is also announcing reduced-TDP alternatives to the award-winning AMD Ryzen™ 9 5900X and AMD Ryzen™ 7 5800X desktop processors, coming to pre-built OEM systems only. Powered by the new “Zen 3” core architecture and with a lower 65W TDP, the Ryzen 9 5900 desktop processor offers an average of 24% faster 1080p gaming across select titles compared to the prior generation7.

Product Specification: AMD Ryzen 5000 Series Desktop Processors

Model Cores/Threads Boost5/Base6
Frequency (GHz)
Cache (MB) TDP (Watts)
AMD Ryzen 9 5900 12C/24T Up to 4.7 / 3.0 GHz 70 65
AMD Ryzen 7 5800 8C/16T Up to 4.6 / 3.4 GHz 36 65

Additionally, AMD Ryzen Threadripper PRO Processors will now be directly available to consumers through participating global retailers, e-tailers and system integrators with on-shelf availability expected in March 2021. Ryzen Threadripper PRO Processors offer an unmatched feature set to workstation customers with up to 64 cores, 8 channels of memory, RDIMM and LRDIMM support, 128 PCIe® Gen 4 lanes, and AMD PRO security technologies.

Product Specification: AMD Ryzen Threadripper PRO

Model Cores/ Threads Boost5/Base6
Frequency (GHz)
Total Cache (MB) TDP (Watts)
AMD Ryzen Threadripper PRO 3995WX 64C/128T Up to 4.2 / 2.7 GHz 288 280
AMD Ryzen Threadripper PRO 3975WX 32C/64T Up to 4.2 / 3.5 GHz 144 280
AMD Ryzen Threadripper PRO 3955WX 16C/32T Up to 4.3 / 3.9 GHz 72 280

Partner Quotes

“As the world continues to embrace a flexible, remote lifestyle, ASUS is constantly innovating to bring consumers the products they need to stay connected no matter where in the world they are gaming, streaming or working,” said Eric Chen, corporate senior vice president, ASUS. “ASUS is also pleased to continue to work with AMD to deliver cutting-edge innovations to raise the bar of gaming performance for mobile and gaming users everywhere.”

"Today's employees and IT teams are continuing to adapt to new ways of collaborating and creating – whether at home, in the office or other remote locations," said Andy Rhodes, global head of Commercial Personal Systems, HP Inc. "We are proud of our continued collaboration with AMD to offer powerful and highly secure business PCs to help people stay connected, engaged, and productive wherever they are."

“Lenovo listens to customer feedback to derive user insights for innovation. What’s demanded of us during this new 'remote revolution' is simple—top performance to help foster more real-time collaboration. By partnering with AMD, we deliver on both counts to provide amazing user experiences,” said Dilip Bhatia, chief customer experience officer, Lenovo. “From small business pros working together on the new ThinkBook 14p Gen 2 and ThinkBook 16p Gen 2 laptops, to competitive gamers whose team is playing to win on this season’s powerful new Lenovo Legion laptops—staying productive and entertained with the latest Ryzen™ mobile processor technology is essential to those thriving in today’s blended work- and play-from-home lifestyle."

Supporting Resources

CAUTIONARY STATEMENT

This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as the features, functionality, performance, availability, timing and expected benefits of AMD products including the AMD Ryzen™ 5000 Series Mobile Processors, AMD Ryzen™ 5000 Series Desktop Processors and AMD Ryzen™ Threadripper PRO, 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 press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release 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; the ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; expected manufacturing yields for AMD’s products; the availability of essential equipment, materials or manufacturing processes; AMD's ability to introduce products on a timely basis with features and performance levels that provide value to its customers; global economic uncertainty; the loss of a significant customer; AMD's ability to generate revenue from its semi-custom SoC products; the impact of the COVID-19 pandemic on AMD’s business, financial condition and results of operations; political, legal, economic risks and natural disasters; the impact of government actions and regulations such as export administration regulations, tariffs and trade protection measures; the impact of acquisitions, joint ventures and/or investments on AMD's business, including the announced acquisition of Xilinx, and the failure to integrate acquired businesses; AMD’s ability to complete the Xilinx merger; the impact of the announcement and pendency of the Xilinx merger on AMD’s business; potential security vulnerabilities; potential IT outages, data loss, data breaches and cyber-attacks; uncertainties involving the ordering and shipment of AMD’s products; quarterly and seasonal sales patterns; the restrictions imposed by agreements governing AMD’s notes and the revolving credit facility; the competitive markets in which AMD’s products are sold; market conditions of the industries in which AMD products are sold; AMD’s reliance on third-party intellectual property to design and introduce new products in a timely manner; AMD's reliance on third-party companies for the design, manufacture and supply of motherboards, software and other computer platform components; AMD's reliance on Microsoft Corporation and other software vendors' support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; the potential dilutive effect if the 2.125% Convertible Senior Notes due 2026 are converted; future impairments of goodwill and technology license purchases; AMD’s ability to attract and retain qualified personnel; AMD's ability to generate sufficient revenue and operating cash flow or obtain external financing for research and development or other strategic investments; AMD's indebtedness; AMD's ability to generate sufficient cash to service its debt obligations or meet its working capital requirements; AMD's ability to repurchase its outstanding debt in the event of a change of control; the cyclical nature of the semiconductor industry; the impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; the efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMD’s stock price volatility; worldwide political conditions; unfavorable currency exchange rate fluctuations; AMD’s ability to effectively control the sales of its products on the gray market; AMD's ability to adequately protect its technology or other intellectual property; current and future claims and litigation; potential tax liabilities; and the impact of environmental laws, conflict minerals-related provisions and other laws or regulations. 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 September 26, 2020.

 

About AMD
For 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the datacenter. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ:AMD) websiteblogFacebook and Twitter pages.

_________________________________
1 ‘Best Mobile Processors’ is defined as having the highest multi-thread processing performance in each of four (4) classes of Ryzen 5000 series processors. Testing by AMD engineering using the Cinebench R20 nT benchmark, measuring multithreaded performance of a Ryzen 9 5900HX processor engineering sample vs Core i9-10980HK, Ryzen 7 5800U processor engineering sample vs Core i7-1185G7 processor, the Ryzen 5 5600U processor engineering sample vs Core i5-1135G7 processor, and a Ryzen 3 5400U processor engineering sample vs Core i3-1115G4 processor. Performance may vary. CZM-1.
2 Testing by AMD engineering using the Cinebench R20 nT benchmark to measure the single-threaded and multithreaded performance of a Ryzen 7 5980X processor engineering sample vs. the previous generation Ryzen 9 4900H processor. Performance may vary. CZM-50.
3 Testing by AMD Performance Labs as of 09/02/2020 utilizing engineering platforms configured with Ryzen 7 5800U and Ryzen 7 4800U processors, each with 32GB RAM, 512MB SSD, Radeon™ Graphics, and Win 10 vs. a similarly configured Dell XPS 7390 laptop with a Core i7-1065G7 processor, Integrated Graphics and 16GB RAM, in the following benchmarks: Cinebench R20 nT, Cinebench R20 1T and 3DMark Physics for gaming performance. Performance may vary. 3DMark is a registered trademark of Futuremark Corporation. – CZM-11
4 Testing by AMD Performance Labs as of 12/08/2020 using an AMD Ryzen 7 5800U processor on an AMD Reference Platform configured with a 53WHr battery, WLAN enabled and Bluetooth off, using 1080p video playback (result: up to 21.4 hours) and the MobileMark 2018 benchmark test (result: up to 17.5 hours). CZM-33.
5 Max boost for AMD Ryzen Processors is the maximum frequency achievable by a single core on the processor running a bursty single-threaded workload. Max boost will vary based on several factors, including, but not limited to: thermal paste; system cooling; motherboard design and BIOS; the latest AMD chipset driver; and the latest OS updates. GD-150
6 Base frequency is the approximate processor clock speed of a typical workload running at the processor’s standard TDP. GD-166.
7 Testing by AMD performance labs as of December 11, 2020 measuring the gaming performance of an AMD Ryzen 9 5900 vs an AMD Ryzen 9 3900 in 12 popular titles at 1920x1080, High image quality preset. Systems configured with a GeForce RTX 2080 Ti. Results may vary. R5K-055


Contact:
Alex Verduzco
AMD Communications
(512) 913-7062
Alex.Verduzco@amd.com

Laura Graves
AMD Investor Relations
(408) 749-5467
Laura.Graves@amd.com

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Source: Advanced Micro Devices, Inc.

AMD Expands Senior Leadership Team

SANTA CLARA, Calif., Jan. 06, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced several senior leadership promotions in support of the company’s long-term growth goals.

AMD announced two executive vice president promotions:

  • Darren Grasby to executive vice president and Chief Sales Officer, responsible for driving adoption of AMD products and delivering a world-class customer experience.
  • Devinder Kumar to executive vice president and Chief Financial Officer, responsible for continued strengthening of the company's financial profile.

AMD also announced three senior vice president promotions:

  • Martin Ashton to senior vice president of Graphics Architecture and Radeon Technologies Group Intellectual Property (IP) with continued responsibility for leading the development of leadership GPU architectures and IP for gaming, data center and mobile products.
  • Mark Fuselier to senior vice president of Technology and Product Engineering, leading end-to-end engineering for new product introductions to deliver on the unprecedented demand for AMD products.
  • Sam Naffziger to senior vice president, Corporate Fellow and Product Technology Architect with continued responsibility for maximizing the competitiveness, efficiency and cost of next-generation AMD solutions.

“Our high-performance products and long-term roadmaps have placed AMD on a significant growth trajectory,” said Dr. Lisa Su, AMD president and CEO. “Aligning and expanding our senior leadership team around our highest-priority growth opportunities will continue the momentum we have built across our business in 2021 and beyond.”

Supporting Resources

About AMD
For more than 50 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ:AMD) websiteblogFacebook and Twitter pages. 

Contact:
Drew Prairie
AMD Communications
(512) 602-4425
Drew.Prairie@amd.com

Laura Graves
AMD Investor Relations
(408) 749-5467
Laura.Graves@amd.com


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Source: Advanced Micro Devices, Inc.

High-Performance AMD EPYC™ CPUs and Radeon™ Pro GPUs Power New AWS Instance for Graphics Optimized Workloads

2nd Gen AMD EPYC CPUs and AMD Radeon™ Pro GPUs power new Amazon EC2 G4ad Instance with up to 40% better graphics performance ꟷ

ꟷ Amazon GameLift leverages the power of 2nd Gen AMD EPYC™ processors for game server hosting solution ꟷ

SANTA CLARA, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) announced Amazon Web Services, Inc. (AWS) has expanded its AMD-based offerings with a new cloud instance for Amazon Elastic Compute Cloud (Amazon EC2): Amazon EC2 G4ad instances for graphics-optimized workloads. With this new instance, AMD now powers eight Amazon EC2 instance families across 20 global AWS Regions. AMD also announced that Amazon GameLift, a fully managed dedicated game server hosting solution, is now providing its video game hosting customers access to AMD EPYC processor-based Amazon EC2 C5a, M5a and R5a instances.

“Today we build on the strong collaboration between AMD and AWS, which started in 2017. This expansion of our cooperation is a proof point of the continued performance and capabilities that AMD provides its customers,” said Forrest Norrod, senior vice president and general manager, Data Center and Embedded Solutions Group, AMD. “Amazon EC2 G4ad instances are the first powered by both AMD EPYC CPUs and Radeon Pro GPUs, and adding to the existing EPYC processor-based instances, they exemplify the ways in which AMD CPUs and GPUs provide fantastic performance and price/performance for AWS customers.”

“The high-performance capabilities of the AMD EPYC CPUs and Radeon Pro GPUs are enabling AWS to create a new graphics-focused instance that help us keep our leadership price/performance offerings that our customers expect,” said David Brown, Vice President, Amazon EC2, Amazon Web Services, Inc. “We’re delighted to continue this great collaboration with AMD, enabling the Amazon EC2 G4ad instances to provide the industry’s best price performance for graphics-intensive applications.”

New Amazon EC2 G4ad Instance

Featuring 2nd Gen AMD EPYC CPUs and AMD Radeon™ Pro V520 GPUs, the new G4ad instance, which will be available later this month, is the first AWS instance powered by both 7nm AMD CPUs and GPUs.

  • G4ad is built to support graphics-intensive workloads and can provide customers with up to 45 percent better price performance and 40 percent better graphics performance, for critical workstation-class applications and real-time game engines, compared to existing GPU based, Amazon EC2 G4dn instances.
  • Based on the AMD RDNA architecture, the AMD Radeon™ Pro V520 GPUs can deliver highly responsive, cloud-based workstation-class experiences for the most demanding workloads with enterprise-grade reliability.
  • These instances also come with AMD Radeon™ Pro Software for Enterprise at no additional cost, offering support for professionals working with workstation applications and the latest graphic APIs, like DirectX®, OpenGL® and Vulkan® offering professional-grade graphics rendering for virtual workstations.

You can learn more about the AMD and AWS collaboration in this video interview between AMD CEO Lisa Su and AWS Vice President of Amazon EC2, David Brown, which will go live on December 2 at 12:30pm PT as part of the AWS Virtual re:Invent sessions.

Amazon GameLift

Amazon GameLift is now providing its video game hosting customers access on the AMD EPYC based Amazon EC2 C5a, M5a and R5a instances to provide great price/performance capabilities to its video game server hosting customers.

With AMD EPYC processors, developers can use Amazon GameLift to deploy, operate, and scale dedicated high-performance servers for multiplayer games at up to 10 percent lower cost over comparable instances. You can read more about the Amazon GameLift service supporting AMD EPYC processor-based instances here.

Supporting Resources

About AMD

For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) websiteblogFacebook and Twitter pages.

©2020 Advanced Micro Devices, Inc. All rights reserved. AMD, the AMD Arrow logo, EPYC, Radeon, RDNA, and combinations thereof are trademarks of Advanced Micro Devices, Inc. PCIe is a registered trademark of PCI-SIG Corporation. DirectX is either a registered trademark or trademark of Microsoft Corporation in the US and/or other countries. OpenGL® and the oval logo are trademarks or registered trademarks of Hewlett Packard Enterprise in the United States and/or other countries worldwide. Vulkan and the Vulkan logo are registered trademarks of the Khronos Group Inc. AWS is a trademark of Amazon.com, Inc. or its affiliates in the United States and/or other countries Other product names used in this publication are for identification purposes only and may be trademarks of their respective companies.


Contacts:
Aaron Grabein
AMD Communications
+1 512-602-8950
Aaron.Grabein@amd.com

Laura Graves
AMD Investor Relations
+1 408-749-5467
Laura.Graves@amd.com

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Source: Advanced Micro Devices, Inc.

AMD to Present at Credit Suisse 24th Annual Technology Conference

SANTA CLARA, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced that Dr. Lisa Su, president and chief executive officer, will present at the Credit Suisse 24th Annual Technology Conference on Monday, November 30, 2020 at 11:00am ET/8:00am PT.

A real-time video webcast of the presentation can be accessed on AMD’s Investor Relations website ir.amd.com. A replay of the webcast can be accessed approximately four hours after the conclusion of the live event and will be available for one year after the conference.

About AMD
For more than 50 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies – the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, Facebook and Twitter pages.

AMD, the AMD Arrow logo and the combination thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

Media Contact:
Drew Prairie
AMD Communications
512-602-4425
drew.prairie@amd.com

Investor Contact:
Laura Graves
AMD Investor Relations
408-306-9157
Laura.Graves@amd.com


Primary Logo

Source: Advanced Micro Devices, Inc.

AMD EPYC™ Processors and New AMD Instinct™ MI100 Accelerator Redefine Performance for HPC and Scientific Research

Support for next generation AMD EPYC processors, codenamed ‘Milan,’ in new HBv3 Virtual Machines announced by Microsoft

AMD Instinct™ MI100 accelerator is first accelerator to use new AMD CDNA architecture dedicated to high-performance computing (HPC) workloads

SANTA CLARA, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- During this year’s SC20 virtual tradeshow, AMD (NASDAQ: AMD) is showcasing its leadership in the high performance computing (HPC) industry. It launched the new AMD Instinct™ MI100 accelerator with ROCm™ 4.0 open ecosystem support and showcased a growing list of AMD EPYC™ CPU and AMD Instinct accelerator based deployments, and highlighted its collaboration with Microsoft Azure for HPC in the cloud. AMD also remains on track to begin volume shipments of the 3rd Gen EPYC processors with “Zen 3” core to select HPC and cloud customers this quarter in advance of the expected public launch in Q1 2021, aligned with OEM availability.

The new AMD InstinctMI100 accelerator, is the world’s fastest HPC GPU accelerator for scientific workloads and the first to surpass the 10 teraflops (FP64) performance barrier 1. Built on the new AMD CDNA architecture, the AMD Instinct MI100 GPU enables a new class of accelerated systems for HPC and AI when paired with 2nd Gen AMD EPYC processors. Supported by new accelerated compute platforms from Dell, HPE, Gigabyte and Supermicro, the MI100, combined with AMD EPYC CPUs and ROCm 4.0 software, is designed to propel new discoveries ahead of the exascale era.

“No two customers are the same in HPC, and AMD is providing a path to today’s most advanced technologies and capabilities that are critical to support their HPC work, from small clusters on premise, to virtual machines in the cloud, all the way to exascale supercomputers,” said Forrest Norrod, senior vice president and general manager, Data Center and Embedded Solutions Business Group, AMD. “Combining AMD EPYC processors and Instinct accelerators with critical application software and development tools enables AMD to deliver leadership performance for HPC workloads.”

AMD and Microsoft Azure Power HPC In the Cloud

Azure is using 2nd Gen AMD EPYC processors to power its HBv2 virtual machines (VMs) for HPC workloads. These VMs offer up to 2x the performance of first-generation HB-series virtual machines2, can support up to 80,000 cores for MPI jobs3, and take advantage of 2nd Gen AMD EPYC processors’ up to 45% more memory bandwidth than comparable x86 alternatives4.

HBv2 VMs are used by numerous customers including The University of Illinois at Urbana-Champaign’s Beckman Institute for Advanced Science & Technology which used 86,400 cores to model a plant virus that previously required a leadership class supercomputer and the U.S. Navy which rapidly deploys and scales enhanced weather and ocean pattern predictions on demand. HBv2 powered by 2nd Gen AMD EPYC processors also provides the bulk of the CPU compute power for the OpenAI environment Microsoft announced earlier this year.

AMD EPYC processors have also helped HBv2 reach new cloud HPC milestones, such as a new record for Cloud MPI scaling results with NAMD, Top 20 results on the Graph500, and the first 1 terabyte/sec cloud HPC parallel filesystem. Across these and other application benchmarks, HBv2 is delivering 12x higher scaling than found elsewhere on the public cloud.

Adding on to its existing HBv2 HPC virtual machine powered by 2nd Gen AMD EPYC processors, Azure announced it will utilize next generation AMD EPYC processors, codenamed ‘Milan’, for future HB-series VM products for HPC.

You can see more about the AMD and Azure collaboration in this video with Jason Zander of Azure and Lisa Su of AMD.

AMD Continues to Be the Choice for HPC

AMD EPYC processors and Instinct accelerators have the performance and capabilities to support numerous HPC workloads across a variety of implementations. From small clusters at research centers, to commercial HPC, to off premise and in the cloud, to exascale computing, AMD continues to provide performance and choice for HPC solutions.

Hewlett Packard Enterprise (HPE), CSC Finland and EuroHPC recently introduced a new pre-exascale system, LUMI. Based on the HPE Cray EX supercomputer architecture, LUMI will use next generation AMD EPYC CPUs and Instinct accelerators and is expected to provide a peak performance of 552 petaflops when it comes online in 2021, making it one of the fastest supercomputers in the world.

Beyond LUMI, AMD powered HPC systems continue to grow in volume. Since SC19, there have been more than 15 supercomputing systems announced using AMD EPYC CPUs, Instinct GPUs, or both. A highlight of the systems includes

  • Chicoma – Los Alamos National Laboratory – this system is based on the HPE Cray EX supercomputer architecture and uses 2nd Gen AMD EPYC CPUs, combined with 300 terabytes of system memory for COVID-19 research,
  • Corona – Lawrence Livermore National Laboratory – this system was recently upgraded with funding from the Coronavirus Aid, Relief and Economic Security (CARES) Act, adding nearly 1,000 AMD Instinct MI50 accelerators, pushing peak performance to more than 11 petaFLOPS,
  • Mammoth – Lawrence Livermore National Laboratory – the “big memory” cluster uses 2nd Gen AMD EPYC Processors to perform genomics analysis and graph analytics required by scientists working on COVID-19.
  • Northern Data – a distributed computing system in Europe that is using AMD EPYC CPUs and Instinct accelerators for large scale HPC applications such as rendering, artificial intelligence and deep learning,
  • Pawsey Supercomputing Centre – Using the HPE Cray EX supercomputer architecture and future AMD EPYC CPUs and AMD Instinct accelerators, the supercomputer at Pawsey will be Australia’s most powerful supercomputer.

In addition, AMD is also powering the following supercomputers: Anvil and Bell – Purdue University, Big Red 200 – Indiana University, Bridges 2 – Pittsburgh Supercomputing Center, CERN, European Centre for Medium-Range Weather Forecasts, Expanse – San Diego Supercomputer Center, Goethe University Frankfurt, IT4Innovations National Supercomputing Center, Jetstream 2 – Indiana University, Mahti – CSC, Mangi – University of Minnesota, National Oceanic and Atmospheric Administration, Red Raider – Texas Tech University, TinkerCliffs – Virginia Tech.

“With the Expanse supercomputer, our goal is to give scientists and researchers cloud-like access to a high-performance machine that can handle everything from astrophysics to zoology,” said Michael Norman, Director of the San Diego Supercomputer Center. “The 2nd Gen AMD EPYC processors have helped us achieve fantastic performance with Expanse, enabling our researchers to do more science than before. We also have a great collaboration with AMD and have worked together to create a forum for AMD HPC customers to share experiences, information and more, to better benefit HPC research.”

Paving the Path to Exascale Computing

To help researchers start on the path to exascale, AMD has provided Oak Ridge National Labs access to the new AMD Instinct MI100 accelerator, which delivers a giant leap in compute and interconnect performance. The Instinct MI100 accelerator enables a new class of accelerated systems and delivers true heterogeneous compute capabilities from AMD for HPC and AI. Designed to complement the 2nd Gen AMD EPYC processors, and built on the AMD Infinity Architecture, the AMD Instinct MI100 delivers true heterogeneous compute capabilities from AMD for HPC and AI.

“Frontier, powered by AMD, represents a huge increase in computational power compared to today’s systems. It’s going to allow scientists to answer questions that we didn't have the answer to before,” said Bronson Messer, director of science, Oak Ridge Leadership Computing Facility. “The ability to run molecular simulations that aren't just a few million atoms, but a few billion atoms, provides a more realistic representation of the science, and to be able to do that as a matter of course and over and over again will lead to a significant amount of important discoveries.”

AMD continues to provide the performance, capabilities and scale needed to power current and future HPC workloads, no matter if they are helping students at a research center, improving aerodynamic efficiency for an auto manufacturer, or providing valuable insights for critical medical breakthroughs. Read more about the AMD presence at SC20 and its HPC capabilities here.

Supporting Resources

About AMD
For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) websiteblogFacebook and Twitter pages.

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This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as the features, functionality, performance, availability, timing and expected benefits of AMD products including the next generation AMD EPYCTM Processors and AMD InstinctTM MI100 Accelerator and the expected timing and benefits of AMD partnerships, 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 press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. 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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 September 26, 2020.

©2020 Advanced Micro Devices, Inc. All rights reserved. AMD, the AMD Arrow logo, EPYC, AMD Instinct, and combinations thereof are trademarks of Advanced Micro Devices, Inc. PCIe is a registered trademark of PCI-SIG Corporation. Other product names used in this publication are for identification purposes only and may be trademarks of their respective companies.

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1 Calculations conducted by AMD Performance Labs as of Sep 18, 2020 for the AMD Instinct™ MI100 (32GB HBM2 PCIe® card) accelerator at 1,502 MHz peak boost engine clock resulted in 11.54 TFLOPS peak double precision (FP64), 46.1 TFLOPS peak single precision matrix (FP32), 23.1 TFLOPS peak single precision (FP32), 184.6 TFLOPS peak half precision (FP16) peak theoretical, floating-point performance. Published results on the NVidia Ampere A100 (40GB) GPU accelerator resulted in 9.7 TFLOPS peak double precision (FP64). 19.5 TFLOPS peak single precision (FP32), 78 TFLOPS peak half precision (FP16) theoretical, floating-point performance. Server manufacturers may vary configuration offerings yielding different results. MI100-03
2 Source: https://azure.microsoft.com/en-us/blog/introducing-the-new-hbv2-azure-virtual-machines-for-high-performance-computing/
3 Source: https://azure.microsoft.com/en-us/blog/azure-hbv2-virtual-machines-eclipse-80000-cores-for-mpi-hpc/
4 AMD EPYC™ 7002 Series processors have 45% more memory bandwidth than Intel Scalable processors in the same class.


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Source: Advanced Micro Devices, Inc.