Current Report Filing (8-k)
April 01 2014 - 4:41PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
March 30, 2014
Date of Report (Date of earliest event reported)
ADVANCED
MICRO DEVICES, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-07882 |
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94-1692300 |
(State
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer Identification Number) |
One AMD Place
P.O. Box 3453 Sunnyvale, California 94088-3453
(Address of principal executive offices) (Zip Code)
(408) 749-4000
(Registrants telephone number, including area code)
N/A
(Former Name or
Former Address, if Changed Since Last Report)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement
On March 30, 2014, Advanced Micro Devices, Inc. (AMD) entered into a fourth amendment (the Fourth Amendment) to
the Wafer Supply Agreement with GLOBALFOUNDRIES Inc. (GF). The primary effect of the Fourth Amendment was to establish volume purchase commitments and fixed pricing for the 2014 calendar year as well as to modify certain other terms of
the Wafer Supply Agreement applicable to wafers for some of AMDs microprocessor unit, graphics processor unit and semi-custom game console products to be delivered by GF to AMD during the 2014 calendar year.
AMD currently estimates that it will purchase wafers from GF for approximately $1.2 billion in the 2014 calendar year. AMD expects that its
future purchases from GF will continue to be material under the Wafer Supply Agreement.
The foregoing description does not purport to be
complete and is qualified in its entirety by reference to the Fourth Amendment, a copy of which will be filed with a Quarterly Report on Form 10-Q.
Forward Looking Statements
This Current
Report on Form 8-K contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements
reflect current expectations and projections about future events, including AMDs estimates of its future wafer purchase from GF, and thus involve uncertainty and risk. It is possible that future events may differ from expectations due to a
variety of risks and other factors such as those described in AMDs Annual Report on Form 10-K for the fiscal year ended December 28, 2013, as filed with the U.S. Securities and Exchange Commission. It is not possible to foresee or
identify all such factors. Any forward-looking statements in this Current Report on Form 8-K are based on certain assumptions and analyses made in light of AMDs experience and perception of historical trends, current conditions, expected
future developments, and other factors it believes are appropriate in the circumstances. Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations. AMD does not
intend to update any particular forward-looking statements contained in this Current Report on Form 8-K.
Item 9.01. Financial Statements and
Exhibits.
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Exhibit No. |
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Description |
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99.1 |
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Press release dated April 1, 2014. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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Date: April 1, 2014 |
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ADVANCED MICRO DEVICES, INC. |
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By: |
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/s/ Harry A. Wolin |
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Name: |
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Harry A. Wolin |
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Title: |
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Senior Vice President, General Counsel and Secretary |
EXHIBIT INDEX
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Exhibit
No. |
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Description |
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99.1 |
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Press release dated April 1, 2014. |
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