Company profile

Ticker
AMD
Exchange
Website
CEO
Lisa T. Su
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
941692300

AMD stock data

(
)

Calendar

29 Jul 20
3 Aug 20
26 Dec 20

News

Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Sep 19
Revenue 1.93B 1.79B 2.13B 1.8B
Net income 157M 162M 170M 120M
Diluted EPS 0.13 0.14 0.15 0.11
Net profit margin 8.13% 9.07% 7.99% 6.66%
Operating income 173M 177M 348M 186M
Net change in cash 445M -136M 310M 193M
Cash on hand 1.78B 1.33B 1.47B 1.16B
Cost of revenue 1.08B 968M 1.18B 1.02B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 6.73B 6.48B 5.33B 4.27B
Net income 341M 337M -33M -498M
Diluted EPS 0.3 0.32 -0.03 -0.6
Net profit margin 5.07% 5.20% -0.62% -11.66%
Operating income 631M 451M 127M -373M
Net change in cash 388M -107M -79M 479M
Cash on hand 1.47B 1.08B 1.19B 1.26B
Cost of revenue 3.86B 4.03B 3.47B 3.32B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
20 Jul 20 Forrest Eugene Norrod Common Stock Sell Dispose S Yes 55.25 75,000 4.14M 677,100
20 Jul 20 Forrest Eugene Norrod Common Stock Option exercise Aquire M Yes 2.61 37,500 97.88K 752,100
20 Jul 20 Forrest Eugene Norrod Stock Option Grant Common Stock Option exercise Dispose M No 2.61 37,500 97.88K 60,678
15 Jul 20 Papermaster Mark D Common Stock Sell Dispose S Yes 54.36 43,000 2.34M 1,335,280
15 Jul 20 Papermaster Mark D Common Stock Option exercise Aquire M Yes 4.08 43,000 175.44K 1,378,280
15 Jul 20 Papermaster Mark D Stock Option Grant Common Stock Option exercise Dispose M No 4.08 43,000 175.44K 220,277
15 Jun 20 Papermaster Mark D Common Stock Sell Dispose S Yes 53.62 1,332 71.42K 1,335,280
15 Jun 20 Papermaster Mark D Common Stock Sell Dispose S Yes 52.88 41,668 2.2M 1,336,612
15 Jun 20 Papermaster Mark D Common Stock Option exercise Aquire M Yes 4.08 43,000 175.44K 1,378,280
15 Jun 20 Papermaster Mark D Stock Option Grant Common Stock Option exercise Dispose M No 4.08 43,000 175.44K 263,277
69.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 849 807 +5.2%
Opened positions 158 193 -18.1%
Closed positions 116 102 +13.7%
Increased positions 315 262 +20.2%
Reduced positions 295 250 +18.0%
13F shares
Current Prev Q Change
Total value 36.96B 36.99B -0.1%
Total shares 812.36M 806.42M +0.7%
Total puts 76.44M 86.98M -12.1%
Total calls 58.37M 63.25M -7.7%
Total put/call ratio 1.3 1.4 -4.8%
Largest owners
Shares Value Change
Vanguard 112.02M $5.09B +3.6%
BLK BlackRock 82.64M $3.76B +4.8%
FMR 50.04M $2.28B -13.4%
Capital World Investors 47.99M $2.18B +69.1%
N Price T Rowe Associates 45.92M $2.09B -0.5%
JPM JPMorgan Chase & Co. 45.55M $2.07B -0.6%
STT State Street 45.36M $2.06B +4.0%
Wellington Management 27.94M $1.27B -11.4%
Geode Capital Management 19.49M $884.8M +9.4%
Artisan Partners Limited Partnership 17.5M $795.85M -11.2%
Largest transactions
Shares Bought/sold Change
Capital World Investors 47.99M +19.62M +69.1%
Norges Bank 0 -8.88M EXIT
FMR 50.04M -7.74M -13.4%
Fisher Asset Management 7.13M +7.13M NEW
IVZ Invesco 14.11M -6.45M -31.4%
Ci Investments 0 -4.91M EXIT
Capital Research Global Investors 4.57M +4.57M NEW
Vanguard 112.02M +3.9M +3.6%
BLK BlackRock 82.64M +3.78M +4.8%
Wellington Management 27.94M -3.59M -11.4%

Financial report summary

?
Risks
  • Intel Corporation’s dominance of the microprocessor market and its aggressive business practices may limit our ability to compete effectively.
  • We rely on third parties to manufacture our products, and if they are unable to do so on a timely basis in sufficient quantities and using competitive technologies, our business could be materially adversely affected.
  • Failure to achieve expected manufacturing yields for our products could negatively impact our financial results.
  • The success of our business is dependent upon our ability to introduce products on a timely basis with features and performance levels that provide value to our customers while supporting and coinciding with significant industry transitions.
  • If we cannot generate sufficient revenue and operating cash flow or obtain external financing, we may face a cash shortfall and be unable to make all of our planned investments in research and development or other strategic investments.
  • The loss of a significant customer may have a material adverse effect on us.
  • Our receipt of revenue from our semi-custom SoC products is dependent upon our technology being designed into third-party products and the success of those products.
  • Global economic and market uncertainty may adversely impact our business and operating results.
  • Our worldwide operations are subject to political, legal and economic risks and natural disasters, which could have a material adverse effect on us.
  • Government actions and regulations such as export administration regulations, tariffs, and trade protection measures, may limit our ability to export our products to certain customers.
  • Our products may be subject to security vulnerabilities that could have a material adverse effect on us.
  • IT outages, data loss, data breaches and cyber-attacks could compromise our intellectual property or other sensitive information, be costly to remediate or cause significant damage to our business, reputation and operations.
  • We have a wafer supply agreement with GLOBALFOUNDRIES Inc. (GF) with obligations to purchase all of our microprocessor and accelerated processing unit (APU) product requirements and a certain portion of our graphics processing unit (GPU) product requirements manufactured at process nodes larger than 7 nanometer from GF, with limited exceptions. If GF is not able to satisfy our manufacturing requirements, our business could be adversely impacted.
  • Uncertainties involving the ordering and shipment of our products could materially adversely affect us.
  • Our operating results are subject to quarterly and seasonal sales patterns.
  • The agreements governing our notes and our Secured Revolving Facility impose restrictions on us that may adversely affect our ability to operate our business.
  • The markets in which our products are sold are highly competitive.
  • The conversion of the 2.125% Notes may dilute the ownership interest of our existing stockholders, or may otherwise depress the price of our common stock.
  • The demand for our products depends in part on the market conditions in the industries into which they are sold. Fluctuations in demand for our products or a market decline in any of these industries could have a material adverse effect on our results of operations.
  • Our ability to design and introduce new products in a timely manner is dependent upon third-party intellectual property.
  • We depend on third-party companies for the design, manufacture and supply of motherboards, software, memory and other computer platform components to support our business.
  • If we lose Microsoft Corporation’s support for our products or other software vendors do not design and develop software to run on our products, our ability to sell our products could be materially adversely affected.
  • Our reliance on third-party distributors and AIB partners subjects us to certain risks.
  • We may incur future impairments of goodwill and technology license purchases.
  • Our inability to continue to attract and retain qualified personnel may hinder our business.
  • Our indebtedness could adversely affect our financial position and prevent us from implementing our strategy or fulfilling our contractual obligations.
  • We may not be able to generate sufficient cash to service our debt obligations or meet our working capital requirements.
  • In the event of a change of control, we may not be able to repurchase our outstanding debt as required by the applicable indentures and our Secured Revolving Facility, which would result in a default under the indentures and our Secured Revolving Facility.
  • The semiconductor industry is highly cyclical and has experienced severe downturns that have materially adversely affected, and may continue to materially adversely affect, our business in the future.
  • Acquisitions, joint ventures and/or investments could disrupt our business and/or dilute or adversely affect the price of our common stock.
  • Our business is dependent upon the proper functioning of our internal business processes and information systems and modification or interruption of such systems may disrupt our business, processes and internal controls.
  • If essential equipment, materials or manufacturing processes are not available to manufacture our products, we could be materially adversely affected.
  • If our products are not compatible with some or all industry-standard software and hardware, we could be materially adversely affected.
  • Costs related to defective products could have a material adverse effect on us.
  • If we fail to maintain the efficiency of our supply chain as we respond to changes in customer demand for our products, our business could be materially adversely affected.
  • We outsource to third parties certain supply-chain logistics functions, including portions of our product distribution, transportation management and information technology support services.
  • Our stock price is subject to volatility.
  • Worldwide political conditions may adversely affect demand for our products.
  • Unfavorable currency exchange rate fluctuations could adversely affect us.
  • Our inability to effectively control the sales of our products on the gray market could have a material adverse effect on us.
  • If we cannot adequately protect our technology or other intellectual property in the United States and abroad, through patents, copyrights, trade secrets, trademarks and other measures, we may lose a competitive advantage and incur significant expenses.
  • We are party to litigation and may become a party to other claims or litigation that could cause us to incur substantial costs or pay substantial damages or prohibit us from selling our products.
  • Our business is subject to potential tax liabilities.
  • We are subject to environmental laws, conflict minerals-related provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act as well as a variety of other laws or regulations that could result in additional costs and liabilities.
Management Discussion
  • We report our financial performance based on the following two reportable segments: the Computing and Graphics segment and the Enterprise, Embedded and Semi-Custom segment.
  • Additional information on our reportable segments is contained in Note 15: Segment Reporting of the Notes to Financial Statements (Part II, Item 8 of this Form 10-K).
  • Our operating results tend to vary seasonally. Historically, our net revenue has been generally higher in the second half of the year than in the first half of the year, although market conditions and product transitions could impact these trends.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore V good
New words: broadcast, broadened, card, eased, enthusiast, family, governmental, inactive, inter, mainstream, paper, reopen, resumed, safely, situation, slowly, Socket, Trial, VII, wave, workstation
Removed: amortized, appellate, applying, approval, artificially, assert, assumed, attended, Bulldozer, calculated, captioned, certification, closing, collateral, commencing, comprised, computed, County, deceived, Delaware, denying, derivative, Dickey, dilutive, duty, eliminated, enrichment, exceeded, fiduciary, formed, funded, FX, granting, improvement, inflate, injunctive, lawsuit, LLC, March, marketed, maximum, mediation, misleading, misled, move, narrowed, negotiated, nominal, paid, petition, presented, privately, purported, reached, recently, restriction, retire, Rule, settlement, shareholder, stayed, tender, tentative, transferred, treasury, unamortized, unjust, vesting, waste