News & Events

Results of Operations and Financial Condition. On May 5, 2026, Advanced Micro Devices, Inc. ("AMD") announced its financial results for its first quarter of 2026 ended March 28, 2026 in a press release that is attached hereto as Exhibit 99.1. Attached hereto as Exhibit 99.2 is a presentation regarding AMD's first quarter of 2026. The attached Exhibits 99.1 and 99.2, in addition to financial results presented on a U.S. Generally Accepted Accounting Principles (“GAAP”) basis, contains certain n…

Entry into a Material Definitive Agreement. Warrant On February 23, 2026, in connection with a strategic arrangement between Advanced Micro Devices, Inc. (“AMD”) and Meta Platforms, Inc. (“Meta") governing the purchase of AMD Instinct™ GPU products by Meta, AMD issued to Meta a performance-based warrant (the “Warrant”) to purchase up to an aggregate of 160 million shares of common stock of AMD (the “Warrant Shares”) at an exercise price of $0.01 per share. Under the arrangement, the parties e…

Unregistered Sales of Equity Securities. The information set forth in

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Executive Incentive Plan (EIP) Bonuses for Fiscal 2025 On February 10, 2026, the Compensation and Leadership Resources Committee (the “ Committee ”) of the Board of Directors (the “ Board ”) of Advanced Micro Devices, Inc. (the “ Company ”) approved the following annual cash performance bonuses under the EIP to the following covered executive offic…

Results of Operations and Financial Condition. On February 3, 2026, Advanced Micro Devices, Inc. ("AMD") announced its financial position and results of operations as of and for its fiscal quarter and fiscal year ended December 27, 2025 in a press release that is attached hereto as Exhibit 99.1. Attached hereto as Exhibit 99.2 is a presentation regarding AMD's fiscal quarter and fiscal year ended December 27, 2025. The attached Exhibits 99.1 and 99.2, in addition to financial results presente…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Director On January 16, 2026, the Board of Directors (the “Board”) of Advanced Micro Devices, Inc. (the "Company") approved the increase in the size of the Board from eight directors to nine directors and appointed Ms. KC McClure as a director to the Board to fill the resulting vacancy. In addition, Ms. McClure was appointed to the A…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Chief Accounting Officer On December 12, 2025, the Board of Directors of Advanced Micro Devices, Inc. ("AMD") appointed Emily Ellis, 43, as AMD’s Corporate Vice President, Chief Accounting Officer and principal accounting officer effective as of December 15, 2025. Mrs. Ellis previously served as Vice President Controller at Palo Alto…

Results of Operations and Financial Condition. On November 4, 2025, Advanced Micro Devices, Inc. ("AMD") announced its financial results for its third quarter of 2025 ended September 27, 2025 in a press release that is attached hereto as Exhibit 99.1. Attached hereto as Exhibit 99.2 is a presentation regarding AMD's third quarter of 2025. The attached Exhibits 99.1 and 99.2, in addition to financial results presented on a U.S. Generally Accepted Accounting Principles (“GAAP”) basis, contains…

Completion of Acquisition or Disposition of Assets. On the Closing Date, pursuant to the terms of the Purchase Agreement, Sanmina (a) issued to the Seller 1,151,052 shares of Sanmina common stock, and (b) paid, or will cause to be paid, to the Seller $2.4 billion in cash, subject to certain purchase price adjustments (collectively, the “Closing Consideration”). In addition, pursuant to the terms of the Purchase Agreement, the Seller is eligible to receive additional consideration of up to $45…

Entry into a Material Definitive Agreement. Warrant On October 5, 2025, Advanced Micro Devices, Inc. (the “ Company ”) issued to OpenAI OpCo, LLC (“ Warrantholder ”) a warrant (the “ Warrant ”) to purchase up to an aggregate of 160 million shares of common stock of the Company (the “ Warrant Shares ”) at an exercise price of $0.01 per share. The Warrant Shares vest in tranches based on milestones tied to purchases of AMD Instinct ™ GPU products by Warrantholder or its affiliates, or indirectl…

Unregistered Sales of Equity Securities. The information set forth in

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Chief Accounting Officer On August 22, 2025, Mr. Philip Carter informed Advanced Micro Devices, Inc. (“AMD”) of his resignation as Corporate Vice President and Chief Accounting Officer of AMD, effective September 5, 2025. Mr. Carter has accepted a position as Chief Financial Officer at another company. His resignation is not the result…

Results of Operations and Financial Condition. On August 5, 2025, Advanced Micro Devices, Inc. ("AMD") announced its financial results for its second quarter of 2025 ended June 28, 2025 in a press release that is attached hereto as Exhibit 99.1. Attached hereto as Exhibit 99.2 is a presentation regarding AMD's second quarter of 2025. The attached Exhibits 99.1 and 99.2 include references to certain non-U.S. Generally Accepted Accounting Principles (“GAAP”) financial information and forward-lo…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 27, 2025, the Board of Directors (the “ Board ”) of Advanced Micro Devices, Inc. (the “ Company ”) and the Compensation and Leadership Resources Committee of the Board (the “ Committee ”), as applicable, approved the following changes to the compensation of certain members of the Company’s executive team: Base Salary Increases Effective Jul…

Entry into a Material Definitive Agreement. On May 18, 2025 (the “Signing Date”), Advanced Micro Devices, Inc., a Delaware corporation (“AMD”), AMD Design, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of AMD (the “Seller”), and ZT Group Int’l, Inc., a New Jersey corporation and a direct wholly owned subsidiary of the Seller (the “Company”), entered into an Equity Purchase Agreement (the “Agreement”) with Sanmina Corporation, a Delaware corporation (“Buyer”),…

Regulation FD Disclosure. On May 19, 2025, AMD, issued a press release announcing execution of the Agreement. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this report furnished pursuant to Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subje…

Results of Operations and Financial Condition. On May 6, 2025, Advanced Micro Devices, Inc. ("AMD") announced its financial results for its first quarter of 2025 ended March 29, 2025 in a press release that is attached hereto as Exhibit 99.1. Attached hereto as Exhibit 99.2 is a presentation regarding AMD's first quarter of 2025. The attached Exhibits 99.1 and 99.2 include references to certain non-U.S. Generally Accepted Accounting Principles (“GAAP”) financial information and forward-lookin…

Other Events. On April 15, 2025, Advanced Micro Devices, Inc. (the “Company”) completed its initial assessment of a new license requirement implemented by the United States government for the export of certain semiconductor products to China (including Hong Kong and Macau) and D:5 countries, or to companies headquartered or with an ultimate parent in such countries (the “Export Control”). The Export Control applies to the Company’s MI308 products. The Company expects to apply for licenses but…

On the Closing Date, pursuant to the terms of the Purchase Agreement, AMD (a) issued to the Sellers and the Company Warrant Holders (as defined in the Purchase Agreement) 8,335,849 shares of AMD common stock (“ AMD Stock ”), and (b) paid, or will cause to be paid, to the Sellers, the Company Warrant Holders and the holders of Company RSUs (as defined in the Purchase Agreement) $3.375 billion in cash, subject to certain purchase price adjustments (collectively, the “ Closing Consideration ”).…

ZT Credit Agreement ZT is party to a credit agreement, dated as of March 31, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “ ZT Credit Agreement ”), with Wells Fargo Capital Finance, LLC as administrative agent and collateral agent, and other lender parties thereto. The ZT Credit Agreement provides for an asset-based revolving credit facility in an amount up to $641,666,666.67 that matures December 31, 2026. As of March 31, 2025, t…

The shares of AMD Stock issued by AMD as Closing Consideration and the shares of AMD Stock to be issued by AMD as Contingent Consideration, if any, were issued (or will be issued) in reliance upon the exemptions from registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “ Securities Act ”), Rule 506 of Regulation D promulgated under the Securities Act, and/or Regulation S promulgated under the Securities Act.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement The information set forth under “

Entry into a Material Definitive Agreement On March 24, 2025 (the “Closing Date”), Advanced Micro Devices, Inc. (the “Company”) closed its previously announced public offering (the “Offering”) of $1.5 billion aggregate principal amount of senior notes, consisting of $875 million aggregate principal amount of its 4.212% Senior Notes due 2026 (the “2026 Notes”) and $625 million aggregate principal amount of its 4.319% Senior Notes due 2028 (the “2028 Notes,” and together with the 2026 Notes, th…

Entry into a Material Definitive Agreement On March 10, 2025, Advanced Micro Devices, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (collectively, the “Underwriters”), relating to the public offering (the “Offering”) by the Company of $1.5 billion…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Executive Incentive Plan (EIP) Bonuses for Fiscal 2024 On February 18, 2025, the Compensation and Leadership Resources Committee of the Board of Directors of Advanced Micro Devices, Inc. (the “Company”) approved the following annual cash performance bonuses under the EIP to the following covered executive officers: Covered Executive Officer Fiscal…