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Advanced Micro Devices Q3 2014 Results Earnings Call Transcript

Edited Transcript of Advanced Micro Devices (AMD) Q3 2014 Earnings Conference Call..

Company: Advanced Micro Devices (AMD)

Event Name: Q3 2014 Results Earnings Conference Call

Date: October 16, 2014 05:30 PM ET

Operator: Good day, ladies and gentlemen. Thank you for standing by. And welcome to the AMD third quarter 2014 earnings conference call. (Operator Instructions) I’d now like to turn the conference to our host, [technical difficulty]. Ma’am, you may begin.

Ruth Cotter – Corporate VP, IR

Thank you, and welcome to AMD’s third quarter earnings conference call. By now you should have had the opportunity to review a copy of our earnings release and the CFO commentary and slides. If you have not reviewed these documents, they can be found on AMD’s website at ir.amd.com.

Participants on today’s call are Lisa Su, our President and Chief Executive Officer; and Devinder Kumar, our Senior Vice President and Chief Financial Officer. This is a live call and will be replayed via webcast on amd.com.

I’d like to take this opportunity before the call begins to highlight several dates for you. Matt Skynner, our Corporate Vice President and General Manager of the Graphics Business Unit will present at the UBS Technology Conference on November 18 in California. Devinder Kumar will present at the Credit Suisse Technology Conference on December 3, in Arizona; and at the Raymond James IT Supply Chain Conference on December 8 in New York.

Mark Papermaster, our Senior Vice President and Chief Technology Officer will present at the Barclays Global Technology, Media and Telecommunication Conference on December 8 in San Francisco. Our fourth quarter quiet time will begin at the close of business on Friday, December 12. And lastly, we expect to announce our fourth quarter earnings results on January 20, 2015.

Please note that we are now reporting two new financial segments beginning the third quarter. Computing and Graphic segment, primarily include desktop and notebook processors and chipsets, discrete GPUs and professional graphic; and the Enterprise, Embedded and Semi-Custom segment, primarily include server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties.

Additionally note that non-GAAP financial measures referenced during this call are reconciled to most directly comparable GAAP financial measures in the press release and CFO commentary, which are posted on our websites at quarterlyearnings.amd.com.

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