AMD Files 2024 10-K Report

TL;DR

AMD's 2024 10-K is in. Check financials for the year ending Dec 28.

AI Summary

Advanced Micro Devices Inc. (AMD) filed its 10-K for the fiscal year ending December 28, 2024. The filing details the company's financial performance and business operations, including its fiscal year-end closing on December 27th. AMD's headquarters are located at 2485 Augustine Drive, Santa Clara, CA 95054, with a business phone number of (408) 749-4000.

Why It Matters

This 10-K filing provides investors and stakeholders with a comprehensive overview of AMD's financial health and strategic direction for the fiscal year 2024.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not inherently indicate new risks.

Key Numbers

• 2024-12-28 — Fiscal Year End (The end date of the reporting period.)
• 2025-02-05 — Filing Date (The date the 10-K was officially submitted to the SEC.)

Key Players & Entities

• Advanced Micro Devices Inc. (company) — Filer of the 10-K report
• AMD (company) — Abbreviation for Advanced Micro Devices Inc.
• 2024-12-28 (date) — Fiscal year end date
• 2025-02-05 (date) — Filing date
• 2485 Augustine Drive, Santa Clara, CA 95054 (address) — Company's business and mailing address
• (408) 749-4000 (phone_number) — Company's business phone number

FAQ

Key Financial Figures

• $0.01 — nge on which registered) Common Stock, $0.01 par value per share AMD The NASDAQ Glob
• $162.21 — d on the reported closing sale price of $162.21 per share as reported on The NASDAQ Glo

Filing Documents

• amd-20241228.htm (10-K) — 2042KB
• ex10_73usseveranceplan-svp.htm (EX-10.73) — 88KB
• ex19_1amdstocktradingpolic.htm (EX-19.1) — 50KB
• ex21-10kfy2412_28.htm (EX-21) — 80KB
• ex23-10kfy24.htm (EX-23) — 9KB
• ex24-10kfy24.htm (EX-24) — 24KB
• ex311-10kfy24.htm (EX-31.1) — 8KB
• ex312-10kfy24.htm (EX-31.2) — 8KB
• ex321-10kfy24.htm (EX-32.1) — 4KB
• ex322-10kfy24.htm (EX-32.2) — 4KB
• amd-20241228_g1.jpg (GRAPHIC) — 10KB
• amd-20241228_g2.jpg (GRAPHIC) — 96KB
• image_0.jpg (GRAPHIC) — 3KB
• image_1.jpg (GRAPHIC) — 3KB
• 0000002488-25-000012.txt ( ) — 13207KB
• amd-20241228.xsd (EX-101.SCH) — 71KB
• amd-20241228_cal.xml (EX-101.CAL) — 113KB
• amd-20241228_def.xml (EX-101.DEF) — 567KB
• amd-20241228_lab.xml (EX-101.LAB) — 1144KB
• amd-20241228_pre.xml (EX-101.PRE) — 928KB
• amd-20241228_htm.xml (XML) — 1764KB

Business

Business 1 ITEM 1A.

Risk Factors

Risk Factors 13 ITEM 1B. Unresolved Staff Comments 39 ITEM 1C. Cybersecurity 39 ITEM 2.

Properties

Properties 40 ITEM 3.

Legal Proceedings

Legal Proceedings 40 ITEM 4. Mine Safety Disclosures 40 PART II 41 ITEM 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 41 ITEM 6. [Reserved] 42 ITEM 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 43 ITEM 7A. Quantitative and Qualitative Disclosure About Market Risk 52 ITEM 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 53 ITEM 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 90 ITEM 9A.

Controls and Procedures

Controls and Procedures 91 ITEM 9B. Other Information 92 ITEM 9C. Disclosures Regarding Foreign Jurisdictions that Prevent Inspections 92 PART III 93 ITEM 10. Directors, Executive Officers and Corporate Governance 93 ITEM 11.

Executive Compensation

Executive Compensation 93 ITEM 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 93 ITEM 13. Certain Relationships and Related Transactions and Director Independence 93 ITEM 14. Principal Accountant Fees and Services 93 PART IV 94 ITEM 15. Exhibits and Financial Statement Schedules 94 ITEM 16. Form 10-K Summary 100 SIGNATURES . 101 Table of Contents PART I

BUSINESS

ITEM 1. BUSINESS Cautionary Statement Regarding Forward-Looking Statements The statements in this report include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. These forward-looking statements speak only as of the date hereof or as of the dates indicated in the statements and should not be relied upon as predictions of future events, as we cannot assure you that the events or circumstances reflected in these statements will be achieved or will occur. You can identify forward-looking statements by the use of forward-looking terminology including "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. The forward-looking statements relate to, among other things: possible impact of future accounting rules on AMD's consolidated financial statements; demand for AMD's products; AMD's strategy and expected benefits; the growth, change and competitive landscape of the markets in which AMD participates; international sales will continue to be a significant portion of total sales in the foreseeable future; that AMD's cash, cash equivalents, and short-term investment balances together with the availability under that certain revolving credit facility (the Revolving Credit Agreement) made available to AMD and certain of its subsidiaries, our commercial paper program, and our cash flows from operations will be sufficient to fund AMD's operations including capital expenditures and purchase commitments , and acquisitions over the next 12 months and beyond; AMD's ability to obtain sufficient external financing on favorable terms, or at all; AMD's expectation

View Full Filing

View this 10-K filing on SEC EDGAR