Financial Report (Advanced Micro Devices)

Advanced Micro Devices (AMD) |

FINANCIAL REPORT

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PRESENTED TO THE CHIEF FINANCIAL OFFICER (PROFESSOR BRIAN NICHOLS) |

High Technology Company (HTC)

Dan Huston

10/30/2011

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The purpose of this financial report is to provide the CFO with the financial performance of the company Advanced Micro Devices, herein referred to AMD throughout the rest of the document, to inquire whether AMD will be financially viable in the coming two to three years. To do this we must look into the history of AMD, specifically the years 2008, 2009 and 2010. Pertaining to the history of AMD, we are interested in financial statements, ratio trends and industry comparatives, capital spending, bond rating valuations, and stock growth. The report will include our recommendations as to the future performance of AMD and whether or not it would be viable for HTC to enter into a long-term contract with AMD to supply microprocessors.

AMD, as their webpage states, “… is a semiconductor design innovator leading the next era of vivid digital experiences with its ground-breaking AMD Fusion Accelerated Processing Units (APUs). AMD’s graphics and computing technologies power a variety of solutions including PCs, game consoles and the servers that drive the Internet and businesses.” The company began back in 1969, based out of Sunnyvale, CA and has since been an industry leader and global innovator in semiconductor design. AMD currently has 11,000 employees spread out over 47 national and international locations. “Advanced Micro Devices (AMD) made some advances in its battle against Intel but hasn't capitalized on those gains. AMD ranks #2 in PC and server microprocessors, far behind its archrival. Though Intel commands the world processor market, AMD has at times eroded that market share, thanks to the popularity of its Athlon and Opteron processor families. The company also makes embedded processors and other chips for communications,...