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Prospector
Profile
124-01
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| Advanced Micro Devices, Inc. |
NAICS |
334413 |
| One AMD Place
Sunnyvale, CA 94088 |
Description |
Semiconductors Mfg. |
| (408) 749-4000 |
Employees |
16500 |
| http://www.amd.com/us-en/ |
Revenue |
(mil) |
1773.0000 |
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Income |
(mil) |
-576.0000 |
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Assets |
(mil) |
13147.0000 |
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Liability |
(mil) |
8562.0000 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Advanced Micro Devices, Inc. reported net loss of $1.772 billion and an operating loss of $1.678 billion for the fourth quarter ended December 29, 2007. Fourth quarter net loss included charges of $1.675 billion, of which $1.669 billion were operating charges. The non-cash portion of the fourth quarter charges was $1.606 billion. Fourth quarter 2007 revenue was $1.770 billion, an 8% increase compared to the third quarter of 2007 and flat compared to the fourth quarter of 2006. For the year ended Dec. 29, 2007, AMD achieved revenue of $6.013 billion, a 6% increase from 2006. The fiscal 2007 net loss was $3.379 billion, including non-cash charges of $2.007 billion. AMD reported revenue of $5.649 billion and a net loss of $166.0 million for fiscal 2006. At Dec. 29, 2007, the company's consolidated balance sheet showed $11.550 billion in total assets, $8.295 billion in total liabilities, $265.0 million in minority interest in consolidated subsidiaries, and $2.990 billion in total stockholders' equity.
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Intellectual Property:
The Company relies on contracts and intellectual property rights to protect products and technologies from unauthorized third-party copying and use. Intellectual property rights include copyrights, patents, patent applications, trademarks, trade secrets and maskwork rights. As of December 31, 2006, the Company had more than 6,000 patents in the United States and over 1,600 patent applications pending in the United States, including more than 600 patents and 400 patent applications in the United States acquired from ATI Technologies, Inc. [SEC Filing 10-K 03-01-07]
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Description:
Advanced Micro Devices, a semiconductor company, provides processing solutions for the computing, graphics, and consumer electronics markets in the United States, Europe, and Asia.
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Officers:
Hector de Ruiz (Chair & CEO); Derrick R. Meyer (Pres. & COO); Robert J. Rivet (EVP & CFO); W. Michael Barnes (Dir.); John E. Caldwell (Dir.); Bruce Claflin (Dir.); H. Paulett Eberhart (Dir.); James Fleck (Dir.); Robert B. Palmer (Dir.); Leonard Silverman (Dir.); Morton L. Topfer (Dir.)
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Auditor:
Ernst & Young LLP
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Securities:
Common Stock-Symbol AMD; NYSE;
554,571,779 common shares outstanding as of November 1, 2007.
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