AMD Details Strategy to Drive Next Phase of Growth Across

2022-06-15 11:20:37 By : Mr. Charles Zhu

June 09, 2022 19:17 ET | Source: Advanced Micro Devices, Inc. Advanced Micro Devices, Inc.

Santa Clara, California, UNITED STATES

SANTA CLARA, Calif., June 09, 2022 (GLOBE NEWSWIRE) -- Today at its Financial Analyst Day, AMD (NASDAQ: AMD) outlined its strategy to deliver its next phase of growth driven by the company’s expanded portfolio of high-performance and adaptive computing products spanning the data center, embedded, client, and gaming markets.

“From the cloud and PCs to communications and intelligent endpoints, AMD’s high-performance and adaptive computing solutions play an increasingly larger role in shaping the capabilities of nearly every service and product defining the future of computing today,” said Dr. Lisa Su, AMD chair and CEO. “The close of our transformational acquisition of Xilinx and our expanded portfolio of leadership compute engines provide AMD with significant opportunities to deliver continued strong revenue growth with compelling shareholder returns as we capture a larger share of the diverse $300 billion market for our high-performance and adaptive products.” 

Technology and Product Portfolio Updates AMD announced expanded multi-generational CPU core, graphics, and adaptive computing architecture roadmaps including new details on the:

Expanded Data Center Solutions Portfolio AMD revealed an expanded portfolio of high-performance, next-generation CPUs, accelerators, data processing units (DPUs), and adaptive computing products optimized for multiple workloads, including:

Accelerating Leadership in Pervasive AI AMD is uniquely positioned with its broad product portfolio and experience serving diverse embedded markets to help customers develop and deploy applications with multiple forms of AI.

The transformative acquisition of Xilinx provides AMD with an unmatched set of hardware and software capabilities, integrating the leadership Xilinx AI Engine (AIE) across AMD Ryzen, AMD EPYC and Xilinx Versal™ products for small and mid-size AI models to complement next-generation AMD Instinct accelerators and adaptive SoCs, enabling leadership performance on scale-out training and inference workloads.

To unify AI programming tools, AMD also announced a multi-generation Unified AI Software roadmap that will allow AI developers to program across its CPU, GPU, and Adaptive SoC product portfolio from machine learning (ML) frameworks with the same set of tools and pre-optimized models.

Expanding PC Leadership AMD showcased its leadership in the global PC market, detailing how it continues to deepen OEM partnerships and drive continued growth across premium, gaming, and commercial markets, and provided a preview of its client roadmap over the next several years, including:

Driving Graphics Momentum AMD announced the latest developments designed to continue bringing world-class graphics solutions to customers worldwide, including:

New Financial Reporting Segments Starting with second quarter 2022 results, AMD is updating its financial reporting segments to align with its strategic end markets:

Together We Advance To complement the evolution of its strategic end markets and leadership product portfolio, AMD also showcased a new evolution of its brand. The new brand platform, “together we advance_” demonstrates how, together with its partners, customers, and employees, AMD is advancing innovation to create solutions to the world’s toughest challenges. The new brand campaign is the largest in AMD history and sees the AMD arrow mark becoming more prominent in all communications assets, illustrating how pervasive AMD technology is by powering large, diverse, and growing markets.

About AMD For more than 50 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. Billions of people, leading Fortune 500 businesses, and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work, and play. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, and Twitter pages. 

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; AMD’s next phase of growth; AMD’s significant opportunity to deliver strong growth and shareholder returns over the next five years; expected benefits of AMD’s acquisition of Pensando Systems; and AMD’s new growth opportunities in 2022 and beyond, 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; loss of a significant customer; impact of the COVID-19 pandemic on AMD’s business, financial condition and results of operations; competitive markets in which AMD’s products are sold; market conditions of the industries in which AMD products are sold; cyclical nature of the semiconductor industry; quarterly and seasonal sales patterns; AMD's ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; availability of essential equipment, materials, substrates or manufacturing processes; ability to achieve expected manufacturing yields for AMD’s products; AMD's ability to introduce products on a timely basis with expected features and performance levels; AMD's ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential security incidents including 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 design, manufacture and supply of motherboards, software and other computer platform components; AMD's reliance on Microsoft 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; 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; efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMD’s ability to effectively control sales of its products on the gray market; 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; impact of environmental laws, conflict minerals-related provisions and other laws or regulations; impact of acquisitions, joint ventures and/or investments on AMD's business, and ability to integrate acquired businesses, such as Xilinx; impact of any impairment of the combined company’s assets on the combined company’s financial position and results of operation; restrictions imposed by agreements governing AMD’s notes, the guarantees of Xilinx’s notes and the revolving credit facility; AMD's indebtedness; AMD's ability to generate sufficient cash to meet its working capital requirements or generate sufficient revenue and operating cash flow to make all of its planned R&D or 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.

©2022 Advanced Micro Devices, Inc. All rights reserved. AMD, the AMD Arrow logo, AMD CDNA, EPYC, Infinity Cache, Radeon, RDNA, Ryzen and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

1 Z4-001: IPC uplift based on the average of estimated/published 2017 SPECint® and 2017 SPECfp® scores and internal estimates/testing on Cinebench R23 1T and Geekbench 5 1T.for “Zen4” and “Zen 3” processors 2 Z4-003: Testing as of May 31, 2022, by AMD Performance Labs. Power measured at CPU socket only (Watts), CPU performance (“points”) measured with Cinebench R23 nT. AMD Ryzen 9 5950X System: AMD Reference X570 Motherboard, 2x8 DDR4-3200. AMD Ryzen 7000 Series: AMD Reference X670 Motherboard, Ryzen 7000 Series 16-core pre-production processor sample, 2x16GB DDR5-5200. All systems configured with Radeon™ RX 6950XT GPU (driver: 22.10 Prime), Windows 11 Build 22000.593, Samsung 980 Pro 1TB SSD, Asetek 280MM liquid cooler. Results may vary when final products are released in market. 3 Z4-004: Testing as of May 5, 2022, by AMD Performance Labs. Single-thread performance evaluated with Cinebench R23 1T. AMD Ryzen 9 5950X System: ASUS ROG Crosshair VIII Hero X570, 2x8 DDR4-3600C16. AMD Ryzen 7000 Series: AMD Reference X670 Motherboard, Ryzen 7000 Series 16-core pre-production processor sample, 2x16GB DDR5-6000CL30. All systems configured with Radeon™ RX 6950XT GPU (driver: 22.10 Prime), Windows 11 Build 22000.593, Samsung 980 Pro 1TB SSD, Asetek 280MM liquid cooler. Results may vary when final products are released in market. 4 Based on preliminary internal engineering estimates. Actual results subject to change 5 MI300-004: Measurements by AMD Performance Labs June 4, 2022. MI250X (560W) FP16 (306.4 estimated delivered TFLOPS based on 80% of peak theoretical floating-point performance). MI300 FP8 performance based on preliminary estimates and expectations. MI300 TDP power based on preliminary projections. Final performance may vary 6 SP5-005: Server-side Java multiJVM workload demo comparison based on AMD measured testing as of 6/2/2022. Configurations: 2x 96-core AMD 4th Gen EPYC (pre-production silicon) on a reference system versus 2x 64-core EPYC 7763 on a reference system. Java version JDK18.To fit in demo time permitted, the full server-side Java run that typically takes about 20 minutes was reduced to a short-preset time where both systems were running at 99% CPU utilization, eliminating the “warm up” period data. OEM published scores will vary based on system configuration and use of production silicon. 7 SP5-006: 128-core 4th Gen EPYC CPUs compared to a 64-core 3rd Gen EPYC 7763 for 2x the container density 8 “Technical Computing” or “Technical Computing Workloads” as defined by AMD can include: electronic design automation, computational fluid dynamics, finite element analysis, seismic tomography, weather forecasting, quantum mechanics, climate research, molecular modeling, or similar workloads. GD-204 9 MI300-03 - Measurements by AMD Performance Labs June 4, 2022 on current specification and/or estimation for delivered FP8 floating point performance with structure sparsity supported for AMD Instinct™ MI300 vs. MI250X FP16 (306.4 estimated delivered TFLOPS based on 80% of peak theoretical floating-point performance). MI300 performance based on preliminary estimates and expectations. Final performance may vary. MI300-03 10 Z4-005: Testing as of May 5, 2022, by AMD Performance Labs. Single-thread performance evaluated with Cinebench R23 1T. AMD Ryzen 9 5950X System: ASUS ROG Crosshair VIII Hero X570, 2x8 DDR4-3600C16. AMD Ryzen 7000 Series: AMD Reference X670 Motherboard, Ryzen 7000 Series 16-core pre-production processor sample, 2x16GB DDR5-6000CL30. All systems configured with Radeon™ RX 6950XT GPU (driver: 22.10 Prime), Windows 11 Build 22000.593, Samsung 980 Pro 1TB SSD, Asetek 280MM liquid cooler. Testing as of May 31, 2022 by AMD performance labs. Multi-thread performance evaluated with Cinebench R23 1T. AMD Ryzen 9 5950X System: AMD Reference X570 Motherboard, 2x8 DDR4-3200. AMD Ryzen 7000 Series: AMD Reference X670 Motherboard, Ryzen 7000 Series 16-core pre-production processor sample, 2x16GB DDR5-5200. All systems configured with Radeon™ RX 6950XT GPU (driver: 22.10 Prime), Windows 11 Build 22000.593, Samsung 980 Pro 1TB SSD, Asetek 280MM liquid cooler Results may vary when final products are released in market.

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

Laura Graves AMD Investor Relations (408) 306-9157 Laura.graves@amd.com

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