AMD (NASDAQ: AMD) today announced that it has joined the Blockchain
Game Alliance (BGA) and forged partnerships with leading technology
providers to help promote the development and proliferation of new
blockchain-powered gaming platforms.
The Blockchain Game Alliance is committed to driving awareness
and adoption of blockchain technologies within the game industry,
providing an open forum for individuals and companies to share
knowledge and collaborate, create common standards, establish best
practices, and network. As the first major hardware manufacturer to
join the BGA, AMD plans to enable alliance members with efficient
and high-performance computing technologies for next-generation
blockchain-based gaming platforms that could potentially transform
the way games are created, published, purchased and played.
AMD also announced partnerships with leading blockchain
technology providers, Robot Cache, which launched their online
gaming marketplace in June, and ULTRA, which plans to launch its
online gaming marketplace in the coming months. Designed to provide
optimal cryptographic compute performance with AMD Ryzen™
processors and AMD Radeon™ graphics cards, these marketplaces will
provide gamers with new opportunities to buy, sell and share
digital video games, as well as offer efficient, new distribution
channels for publishers. In addition, Robot Cache will use secure,
high-performance AMD EPYC™ processors in the back-end servers
powering its platform, and ULTRA will use AMD EPYC™ processors for
its blockchain to facilitate block producing.
“Blockchain technology brings broader choice, security and
flexibility to both gamers and publishers,” said Joerg Roskowetz,
Head of Blockchain Technology, AMD. “Next-generation blockchain
game platforms will give gamers access to exclusive online content,
and provide new ways for them to truly own it. They will also
provide game publishers with new channels to distribute digital
game content.”
“The Blockchain Game Alliance is gathering some of the world’s
top blockchain innovators and content developers to bring players
the best of what this technology has to offer,” said Nicolas
Pouard, Blockchain Initiative Director at Ubisoft. “We’re delighted
to work with AMD, and other alliance members to determine the role
of blockchain in the entertainment experiences of the
future.”
Leading the Blockchain Gaming Charge
Providing incredible compute performance and security for
peer-to-peer transactions, AMD is helping to enable the next
generation of blockchain-based gaming platforms via:
- Blockchain Innovation – AMD is at the
forefront of the blockchain evolution, providing the underlying
compute technology to enable a broad range of new
blockchain-powered applications, services and use cases spanning
industries ranging from gaming and cloud computing to the Internet
of Things, healthcare, and others.
- Efficient, High-performance CPUs and GPUs –
AMD is in a unique position to offer the best combination of
high-performance CPUs and GPUs for demanding blockchain
workloads.
- Robust Security – Designed to address today’s
increasingly complex and sophisticated security threats, AMD Secure
Technology puts protection right on the processor providing an
additional layer of robust security.
Supporting Resources
- Find more information on the Blockchain Game Alliance here
- Follow AMD on Twitter @AMD
- Follow Radeon™ graphics on Twitter
- Follow Ryzen™ on Twitter
About AMD
For 50 years AMD has driven innovation in high-performance
computing, graphics and visualization technologies ― the building
blocks for gaming, immersive platforms and the datacenter. Hundreds
of millions of consumers, leading Fortune 500 businesses and
cutting-edge scientific research facilities around the world rely
on AMD technology daily to improve how they live, work and play.
AMD employees around the world are focused on building great
products that push the boundaries of what is possible. For more
information about how AMD is enabling today and inspiring tomorrow,
visit the AMD (NASDAQ:
AMD) website, blog, Facebook and Twitter pages.
Cautionary Statement
This press release contains forward-looking statements
concerning Advanced Micro Devices, Inc. (AMD) including the plans
and expected benefits of joining the Blockchain Game Alliance and
partnering with blockchain technology providers, which are made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are
commonly identified by words such as "would," "intends,"
"believes," "expects," "may," "will," "should," "seeks," "intends,"
"plans," "pro forma," "estimates," "anticipates," or the negative
of these words and phrases, other variations of these words and
phrases or comparable terminology. Investors are cautioned that the
forward-looking statements in this document are based on current
beliefs, assumptions and expectations, speak only as of the date of
this document and involve risks and uncertainties that could cause
actual results to differ materially from current expectations. Such
statements are subject to certain known and unknown risks and
uncertainties, many of which are difficult to predict and generally
beyond AMD's control, that could cause actual results and other
future events to differ materially from those expressed in, or
implied or projected by, the forward-looking information and
statements. Material factors that could cause actual results to
differ materially from current expectations include, without
limitation, the following: Intel Corporation’s dominance of the
microprocessor market and its aggressive business practices may
limit AMD’s ability to compete effectively; AMD relies on third
parties to manufacture its products, and if they are unable to do
so on a timely basis in sufficient quantities and using competitive
technologies, AMD’s business could be materially adversely
affected; failure to achieve expected manufacturing yields for
AMD’s products could negatively impact its financial results; AMD
has a wafer supply agreement with GLOBALFOUNDRIES Inc. (GF) with
obligations to purchase all of its microprocessor and APU product
requirements, and a certain portion of its GPU product
requirements, manufactured at process nodes larger than 7 nanometer
from GF with limited exceptions. If GF is not able to satisfy AMD’s
manufacturing requirements, AMD’s business could be adversely
impacted; the success of AMD’s business is dependent upon its
ability to introduce products on a timely basis with features and
performance levels that provide value to its customers while
supporting and coinciding with significant industry transitions; if
AMD cannot generate sufficient revenue and operating cash flow or
obtain external financing, it may face a cash shortfall and be
unable to make all of its planned investments in research and
development or other strategic investments; the loss of a
significant customer may have a material adverse effect on AMD;
AMD’s receipt of revenue from its semi-custom SoC products is
dependent upon its technology being designed into third-party
products and the success of those products; global economic and
market uncertainty may adversely impact AMD’s business and
operating results; AMD’s worldwide operations are subject to
political, legal and economic risks and natural disasters, which
could have a material adverse effect on it; government actions and
regulations such as export administration regulations, tariffs, and
trade protection measures, may limit AMD’s ability to export AMD’s
products to certain customers; AMD’s products may be subject to
security vulnerabilities that could have a material adverse effect
on AMD; IT outages, data loss, data breaches and cyber-attacks
could compromise AMD’s intellectual property or other sensitive
information, be costly to remediate and cause significant damage to
its business, reputation and operations; AMD’s operating results
are subject to quarterly and seasonal sales patterns; AMD may not
be able to generate sufficient cash to service its debt obligations
or meet its working capital requirements; AMD has a large amount of
indebtedness which could adversely affect its financial position
and prevent it from implementing its strategy or fulfilling its
contractual obligations; the agreements governing AMD’s notes and
the Secured Revolving Line of Credit impose restrictions on AMD
that may adversely affect AMD’s ability to operate its business;
the markets in which AMD’s products are sold are highly
competitive; the conversion of the 2.125% Convertible Senior Notes
due 2026 may dilute the ownership interest of AMD’s existing
stockholders, or may otherwise depress the price of its common
stock; uncertainties involving the ordering and shipment of AMD’s
products could materially adversely affect it; the demand for AMD’s
products depends in part on the market conditions in the industries
into which they are sold. Fluctuations in demand for AMD’s products
or a market decline in any of these industries could have a
material adverse effect on its results of operations; AMD’s ability
to design and introduce new products in a timely manner is
dependent upon third-party intellectual property; AMD depends on
third-party companies for the design, manufacture and supply of
motherboards, software and other computer platform components to
support its business; if AMD loses Microsoft Corporation’s support
for its products or other software vendors do not design and
develop software to run on AMD’s products, its ability to sell its
products could be materially adversely affected; and AMD’s reliance
on third-party distributors and add-in-board partners subjects it
to certain risks. Investors are urged to review in detail the risks
and uncertainties in AMD's Securities and Exchange Commission
filings, including but not limited to AMD's Quarterly Report on
Form 10-Q for the quarter ended September 28, 2019.
©2019 Advanced Micro Devices, Inc. All rights reserved. AMD, the
AMD Arrow logo, Radeon, and combinations thereof are trademarks of
Advanced Micro Devices, Inc. Other product names used in this
publication are for identification purposes only and may be
trademarks of their respective companies.
Contacts: George
MillingtonAMD Communications +1
408-547-7481George.Millington@amd.com
Jason SchmidtAMD Investor
Relations+1 408-749-6688Jason.Schmidt@amd.com
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