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SANTA CLARA, Calif., April 04, 2023 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) at the moment introduced that Jack Huynh has been named senior vp and normal supervisor of Computing and Graphics following the retirement from AMD of Rick Bergman, at the moment the chief vp of Computing and Graphics. Bergman will stay at AMD by the second quarter to make sure a easy transition. Huynh has been at AMD for greater than 24 years and was most lately answerable for main all elements of the corporate’s semi-custom enterprise. He’ll report back to AMD Chair and CEO Dr. Lisa Su.

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“Beneath Jack’s management, AMD has strengthened our place because the main supplier of {custom} options for gaming,” stated Dr. Su. “We see robust long-term development alternatives for our Computing and Graphics enterprise as we deliver our high-performance CPU and GPU IP along with our management software program capabilities to create differentiated options throughout our foundational gaming franchise and a broader set of markets. As we welcome Jack in his expanded function, I additionally wish to personally thank Rick for his many contributions and dedication to our enterprise all through his years with AMD.”

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Huynh has served in quite a lot of management roles at AMD, most lately because the senior vp and normal supervisor for the AMD Semi-Customized enterprise group, main technique, enterprise administration, and engineering execution for prime efficiency {custom} options. Previous to that, Huynh served as company vp and normal supervisor the place he led finish to finish enterprise execution of mobility options for the AMD Consumer PC enterprise group.

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About AMD
For greater than 50 years AMD has pushed innovation in high-performance computing, graphics and visualization applied sciences. Billions of individuals, main Fortune 500 companies and cutting-edge scientific analysis establishments world wide depend on AMD know-how every day to enhance how they dwell, work and play. AMD workers are targeted on constructing management high-performance and adaptive merchandise that push the boundaries of what’s potential. For extra details about how AMD is enabling at the moment and provoking tomorrow, go to the AMD (NASDAQ: AMD) web site, weblog, LinkedIn and Twitter pages.

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CAUTIONARY STATEMENT
This press launch comprises forward-looking statements regarding Superior Micro Gadgets, Inc. (AMD) akin to AMD seeing robust long-term development alternatives for his or her Computing and Graphics enterprise, that are made pursuant to the Secure Harbor provisions of the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements are generally recognized by phrases akin to “would,” “might,” “expects,” “believes,” “plans,” “intends,” “tasks” and different phrases with comparable that means. Buyers are cautioned that the forward-looking statements on this press launch are primarily based on present beliefs, assumptions and expectations, converse solely as of the date of this press launch and contain dangers and uncertainties that might trigger precise outcomes to vary materially from present expectations. Such statements are topic to sure recognized and unknown dangers and uncertainties, lots of that are tough to foretell and customarily past AMD’s management, that might trigger precise outcomes and different future occasions to vary materially from these expressed in, or implied or projected by, the forward-looking info and statements. Materials components that might trigger precise outcomes to vary materially from present expectations embody, with out limitation, the next: Intel Company’s dominance of the microprocessor market and its aggressive enterprise practices; world financial uncertainty; cyclical nature of the semiconductor {industry}; market circumstances of the industries during which AMD merchandise are bought; lack of a major buyer; impression of the COVID-19 pandemic on AMD’s enterprise, monetary situation and outcomes of operations; aggressive markets during which AMD’s merchandise are bought; quarterly and seasonal gross sales patterns; AMD’s capacity to adequately shield its know-how or different mental property; unfavorable foreign money change price fluctuations; capacity of third occasion producers to fabricate AMD’s merchandise on a well timed foundation in enough portions and utilizing aggressive applied sciences; availability of important tools, supplies, substrates or manufacturing processes; capacity to attain anticipated manufacturing yields for AMD’s merchandise; AMD’s capacity to introduce merchandise on a well timed foundation with anticipated options and efficiency ranges; AMD’s capacity to generate income from its semi-custom SoC merchandise; potential safety vulnerabilities; potential safety incidents together with IT outages, information loss, information breaches and cyber-attacks; potential difficulties in upgrading and working AMD’s new enterprise useful resource planning system; uncertainties involving the ordering and cargo of AMD’s merchandise; AMD’s reliance on third-party mental property to design and introduce new merchandise in a well timed method; AMD’s reliance on third-party firms for design, manufacture and provide of motherboards, software program and different laptop platform parts; AMD’s reliance on Microsoft and different software program distributors’ help to design and develop software program to run on AMD’s merchandise; AMD’s reliance on third-party distributors and add-in-board companions; impression of modification or interruption of AMD’s inside enterprise processes and knowledge methods; compatibility of AMD’s merchandise with some or all industry-standard software program and {hardware}; prices associated to faulty merchandise; effectivity of AMD’s provide chain; AMD’s capacity to depend on third occasion supply-chain logistics features; AMD’s capacity to successfully management gross sales of its merchandise on the grey market; impression of presidency actions and rules akin to export administration rules, tariffs and commerce safety measures; AMD’s capacity to comprehend its deferred tax belongings; potential tax liabilities; present and future claims and litigation; impression of environmental legal guidelines, battle minerals-related provisions and different legal guidelines or rules; impression of acquisitions, joint ventures and/or investments, together with acquisitions of Xilinx and Pensando, on AMD’s enterprise and AMD’s capacity to combine acquired companies;  impression of any impairment of the mixed firm’s belongings on the mixed firm’s monetary place and outcomes of operation; restrictions imposed by agreements governing AMD’s notes, the ensures of Xilinx’s notes and the revolving credit score facility; AMD’s indebtedness; AMD’s capacity to generate enough money to satisfy its working capital necessities or generate enough income and working money circulation to make all of its deliberate R&D or strategic investments; political, authorized, financial dangers and pure disasters; future impairments of goodwill and know-how license purchases; AMD’s capacity to draw and retain certified personnel; AMD’s inventory value volatility; and worldwide political circumstances. Buyers are urged to evaluate intimately the dangers and uncertainties in AMD’s Securities and Alternate Fee filings, together with however not restricted to AMD’s most up-to-date reviews on Types 10-Ok and 10-Q.

AMD, the AMD Arrow emblem, and combos thereof, are logos of Superior Micro Gadgets, Inc. Different names are for informational functions solely and could also be logos of their respective homeowners.

Contact:
Brandi Martina
AMD Communications
+1 512-705-1720
Brandi.Martina@amd.com

Suresh Bhaskaran
AMD Investor Relations
+1 408-749-2845
Suresh.Bhaskaran@amd.com