For the year ended December 29, 2007, AMD achieved revenue of $6.013 billion, a 6 percent increase from 20062. The fiscal 2007 net loss was $3.379 billion. Included in the 2007 net loss were non-cash charges of $2.007 billion. AMD reported revenue of $5.649 billion and a net loss of $166 million for fiscal 20062.
Additional Quarterly Highlights
- The Quad-Core AMD Opteron processor was named Chip of the Year by CRN. The publication called the processor a “game changer” because of its blend of “blazing” speed and energy efficiency.
- AMD launched its new desktop platform, “Spider,” empowering enthusiasts with the ultimate computing experience. Spider combines AMD Phenom™ quad-core processors, ATI Radeon HD 3800 series graphics processors and the AMD 7-Series chipset.
- Since their introduction, ATI Radeon HD 3800 series cards have won more than 25 editorial awards worldwide, including HardOCP.com’s prestigious Gold Award in the US, Clubic.com’s ‘Tres Bon’ award in France, and Hexus.net’s ‘Good Value Gaming’ award in the UK.
- Toshiba launched its first AMD-based business notebooks, the Satellite Pro A210 Series, and expanded its AMD-based consumer notebook offerings.
- AMD received net investment proceeds of $608 million from a wholly-owned subsidiary of Mubadala Development Company, a strategic investment and development company headquartered in Abu Dhabi, the capital of the United Arab Emirates (UAE).