Advanced Micro Devices, Inc.

Overview

This excerpt is a cautionary statement regarding forward-looking statements from AMD’s report. It explains that forward-looking statements are based on current expectations and beliefs and are subject to risks and uncertainties. The statement identifies common forward-looking words and phrases and indicates that such statements relate to AMD's consolidated financial statements and various business factors. These statements are presented as of the date in the report or as otherwise indicated.

Topics addressed by the forward-looking statements

The forward-looking statements cover a broad range of matters that could affect AMD’s results, including:

• The possible impact of future accounting rules on AMD’s consolidated financial statements.
• Demand for AMD’s products.
• AMD’s strategy and the expected benefits of that strategy.
• Market growth, changes, and the competitive landscape in AMD’s markets.
• International sales comprising a significant portion of total sales in the foreseeable future.
• AMD’s liquidity and funding sources, including cash, cash equivalents, short-term investments, its revolving credit facility, commercial paper program, and cash flows from operations, and the sufficiency of those sources to fund operations, capital expenditures, commitments, and strategic activities over the next 12 months and beyond.
• AMD’s ability to obtain external financing on favorable terms, or at all.
• Potential liability related to current litigation and any material impact.
• Ongoing costs to enhance and implement information security controls.
• Revenue recognition from remaining performance obligations (RPO) that are unsatisfied.
• The potential concentration of revenue or receivables among a small number of customers.
• Regulatory implications related to emerging technologies such as AI.
• AMD’s use of cloud service capacity in its operations or the assignment of that capacity.
• Expectations regarding dividends in the near term.
• Progress on corporate responsibility initiatives.
• Future trends and developments in AI technology.
• Benefits expected from AMD’s acquisitions.
• AMD’s ability to fund stock repurchases using cash generated from operations.

The report directs readers to Part I, Item 1A—Risk Factors and the Financial Condition section for factors that could cause actual results to differ from forward-looking statements.