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TRANSCRIPT
AMD 2010 Financial Analyst Day
Dirk MeyerPresident and Chief Executive Officer
November 9, 2010
| AMD 2010 Financial Analyst Day | November 9, 20103
Review: 2010 Success Drivers
*Source: Mercury Research, October 2010
| AMD 2010 Financial Analyst Day | November 9, 20104
Target Markets are Large and Growing
Notebooks
Source: AMD estimates
Netbooks
Graphics
Servers
$40B Gross Margin Pool in 2014
DesktopsEmbedded
Game Consoles
Tablets
| AMD 2010 Financial Analyst Day | November 9, 20105
Convergence of Three Industry Trends
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Introducing: The AMD Fusion Family of APUs
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Success Drivers
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Appendix A – Non-GAAP Operating Income and Gross Margin Reconciliations
Reconciliation of GAAP to Non-GAAP Operating Income (Loss)
(Millions) Q4-09 Q1-10 Q2-10 Q3-10
GAAP operating income (loss) $ 1,288 $ 182 $ 125 $128
Gross margin benefit due to the deconsolidation of GF - 69 - -
Amortization of acquired intangible assets (18) (17) (17) (16)
Legal settlement 1,242 - - -
Restructuring (charges) reversals - - 4 -
Operating income (loss) from Foundry segment and Intersegment Eliminations (105) - - -
Non-GAAP operating income (loss) $ 169 $ 130 $ 138 $144
Reconciliation of GAAP to Non-GAAP Gross Margin
(Millions, except percentages) Q4-09 Q1-10 Q2-10 Q3-10
GAAP Gross Margin $ 735 $ 741 $ 738 $739
GAAP Gross Margin % 45% 47% 45% 46%
Gross margin benefit due to the deconsolidation of GF - 69 - -
Gross margin from Foundry segment and Intersegment Eliminations 56 - - -
Non-GAAP Gross Margin $ 679 $ 672 $ 738 $739
Non-GAAP Gross Margin % 41% 43% 45% 46%
| AMD 2010 Financial Analyst Day | November 9, 20109
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