Advanced Micro Devices Management Discusses Q2 2012 Results - Earnings Call Transcript

Advanced Micro Devices (AMD)

Q2 2012 Earnings Call

July 19, 2012 5:00 pm ET


Ruth Cotter - Director

Rory P. Read - Chief Executive Officer, President, Interim Chief Sales Officer and Member of The Board of Directors

Thomas Seifert - Chief Financial officer, Principal Accounting officer and Senior Vice President

Lisa T. Su - Senior Vice President and General Manager of Global Business Unit


Hans C. Mosesmann - Raymond James & Associates, Inc., Research Division

Adeline Lee

David M. Wong - Wells Fargo Securities, LLC, Research Division

Uche X. Orji - UBS Investment Bank, Research Division

JoAnne Feeney - Longbow Research LLC

Christopher B. Danely - JP Morgan Chase & Co, Research Division

Stacy A. Rasgon - Sanford C. Bernstein & Co., LLC., Research Division

Mark Lipacis - Jefferies & Company, Inc., Research Division

Cody G. Acree - Williams Financial Group, Inc., Research Division

Dean Grumlose - Stifel, Nicolaus & Co., Inc., Research Division

Vivek Arya - BofA Merrill Lynch, Research Division

Gabriel Ho

Craig Berger - FBR Capital Markets & Co., Research Division

Michael McConnell - Pacific Crest Securities, Inc., Research Division



Good afternoon. My name is Huey, and I'll be your conference operator for today. At this time, I would like to welcome everyone to AMD's Second Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded today. I would now like to turn the conference over to Ms. Ruth Cotter, Vice President of Investor Relations for AMD. Please go ahead.

Ruth Cotter

Thank you, and welcome to AMD's Second Quarter Earnings Conference Call. By now, you should have had the opportunity to review a copy of our earnings release and the CFO commentary. If you have not reviewed these documents, they can be found on AMD's website at Participants on today's conference call are Rory Read, our President and Chief Executive Officer; and Thomas Seifert, our Senior Vice President and Chief Financial Officer. For the Q&A portion of the call, we will be joined by Lisa Su, our Senior Vice President and General Manager, Global Business Units. This is a live call and will be replayed via webcast on

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