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This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) including the features, functionality, timing, availability, expectations and benefits of the AMD Ryzen Threadripper PRO Processors and AMD’s partnership with Lenovo, 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," "intends," "believes," "expects," "may," "will," "should," "seeks," "intends," "plans," "pro forma," "estimates," "anticipates," or the negative of these words and phrases, other variations of these words and phrases or comparable terminology. Investors are cautioned that the forward-looking statements in this document are based on current beliefs, assumptions and expectations, speak only as of the date of this document 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 may limit AMD’s ability to compete effectively; AMD relies on third parties to manufacture its products, and if they are unable to do so on a timely basis in sufficient quantities and using competitive technologies, AMD’s business could be materially adversely affected; failure to achieve expected manufacturing yields for AMD’s products could negatively impact its financial results; the success of AMD’s business is dependent upon its ability to introduce products on a timely basis with features and performance levels that provide value to its customers while supporting and coinciding with significant industry transitions; if AMD cannot generate sufficient revenue and operating cash flow or obtain external financing, it may face a cash shortfall and be unable to make all of its planned investments in research and development or other strategic investments; the loss of a significant customer may have a material adverse effect on AMD; AMD’s receipt of revenue from its semi-custom SoC products is dependent upon its technology being designed into third-party products and the success of those products; global economic and market uncertainty may adversely impact AMD’s business and operating results; the ongoing novel coronavirus (COVID-19) pandemic could materially adversely affect AMD’s business, financial condition and results of operations; AMD’s worldwide operations are subject to political, legal and economic risks and natural disasters which could have a material adverse effect on AMD; government actions and regulations such as export administration regulations, tariffs and trade protection measures, may limit AMD’s ability to export its products to certain customers; AMD products may be subject to security vulnerabilities that could have a material adverse effect on AMD; IT outages, data loss, data breaches and cyber-attacks could compromise AMD’s intellectual property or other sensitive information, be costly to remediate and cause significant damage to its business, reputation and operations; uncertainties involving the ordering and shipment of AMD’s products could materially adversely affect it; AMD’s operating results are subject to quarterly and seasonal sales patterns; the agreements governing AMD’s notes and the Secured Revolving Facility impose restrictions on AMD that may adversely affect its ability to operate its business; the markets in which AMD’s products are sold are highly competitive; the conversion of the 2.125% Convertible Senior Notes due 2026 may dilute the ownership interest of its existing stockholders, or may otherwise depress the price of its common stock; the demand for AMD’s products depends in part on the market conditions in the industries into which they are sold. Fluctuations in demand for AMD’s products or a market decline in any of these industries could have a material adverse effect on its results of operations; AMD’s ability to design and introduce new products in a timely manner is dependent upon third-party intellectual property; AMD depends on third-party companies for the design, manufacture and supply of motherboards, software, memory and other computer platform components to support its business; if AMD loses Microsoft Corporation’s support for its products or other software vendors do not design and develop software to run on AMD’s products, its ability to sell its products could be materially adversely affected; and AMD’s reliance on third-party distributors and AIB partners subjects it to certain risks. 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 March 28, 2020.
1 Based on AMD performance lab testing on June 8, 2020 using the Cinebench R20 nT benchmark test to compare the multi-thread performance of Ryzen Threadripper PRO 3995WX reference system vs. (2) Intel Xeon Platinum 8280 processors. Results may vary. CPP-15
2 Based on AMD Labs testing as of July 7, 2020 using a variety of CPU-specific benchmark tests to compare a Ryzen Threadripper Pro 3995X reference system to two Intel Xeon Platinum 8280 processors. Results may vary. SPEC®, and SPECviewperf® are registered trademarks of the Standard Performance Evaluation Corporation. See www.spec.org for more information. CPP-66.
3 Based on AMD internal analysis June 2020 comparing the memory bandwidth specifications of AMD Ryzen™ Threadripper™ Pro to Intel Xeon Platinum 8280. CPP-06
4 The AMD Ryzen™ Threadripper™ PRO 3995WX has up to 64 cores compared to the highest core count Intel Xeon Scalable workstation processor, the 8280 at 28-cores. CPP-03.
5 Full system memory encryption is included with AMD Memory Guard in AMD Ryzen PRO, AMD Ryzen Threadripper Pro, and AMD Athlon PRO processors. PP-3
6 ‘Most advanced’ defined as superior 7nm process technology in a smaller node and unique PCIe® 4.0 capability in the workstation processor market. CPP-77
7 The AMD Ryzen™ Threadripper™ PRO 3995WX has up to 64 cores compared to the highest core count Intel Xeon Scalable workstation processor, the 8280 at 28-cores. CPP-03.
8 Based on AMD performance lab testing on June 8, 2020 using the Cinebench R20 nT benchmark test to compare the multi-thread performance of Ryzen Threadripper PRO 3995WX reference system vs. (2) Intel Xeon Platinum 8280 processors. Results may vary. CPP-14
9 Based on AMD internal analysis June 1, 2020, comparing the PCIe® specifications of AMD Ryzen™ Threadripper™ PRO to Intel Xeon Platinum 8280. CPP-10
10 Based on AMD internal analysis June 1, 2020, comparing the PCIe® specifications of AMD Ryzen™ Threadripper™ PRO to Intel Xeon Platinum 8280. CPP-10
11 Based on AMD internal analysis June 2020 comparing the memory bandwidth specifications of AMD Ryzen™ Threadripper™ Pro to Intel Xeon Platinum 8280. CPP-06
12 Based on AMD internal analysis June 1, 2020, comparing memory capacity specifications of AMD Ryzen™ Threadripper™ PRO to Intel Xeon Platinum 8280. CPP-07
13 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