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Page 1: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347

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Page 2: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347
Page 3: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347

See Endnotes

Page 4: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347
Page 5: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347
Page 6: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347
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Page 11: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347

11 See Endnotes

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Page 13: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347

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Page 14: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347

“POLARIS” “POLARIS”

▪ Architecture

XBOX ONE X XBOX ONE X

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See Endnotes

Page 16: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347
Page 17: See Endnotes - Investor Presentation, Pitch Deck44 (Millions) Q4-16 Q4-17 Q1-18 Q2-18 6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153 7.50% Senior Notes due 2022 350 347 347 347

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18 See Endnotes: Dates subject to change.

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2 EPYC VS. 2 XEON® SKYLAKE SPECint®_rate_base2017 (2P)

Xeon 4114 EPYC 7281 Xeon 4116 EPYC 7301 Xeon 5118 EPYC 7351 Xeon 6130 EPYC 7401 Xeon 8160 EPYC 7601

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25 Dates subject to change.

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1 1

2015 2016 2017 2015 2016 2017 1 2 32015 2016 2017

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POSITIONED FOR SUCCESS

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(Millions except per share amounts)

GAAP net income (loss) / earnings (loss) per share 43$ 0.04$ (497)$ (0.60)$ (660)$ (0.84)$

Charge related to the sixth amendment to the WSA with GF - - 340 0.41 - -

Technology node transition charge - - - - 33 0.04

Stock-based compensation 97 0.09 86 0.10 63 0.08

Restructuring and other special charges, net - - (10) (0.01) 129 0.16

Loss on debt redemption 12 0.01 68 0.08 - -

Non-cash interest expense related to convertible debt 22 0.02 6 0.01 - -

Gain on sale of 85% of ATMP JV (3) - (146) (0.17) - -

Tax provision related to sale of 85% of ATMP JV 1 - 26 0.03 - -

Equity loss in investee 7 0.01 10 0.01 - -

Amortization of acquired intangible assets - - - - 3 -

Tax settlement in foreign jurisdiction - - - - 13 0.02

Non-GAAP net income (loss) / earnings (loss) per share 179$ 0.17$ (117)$ (0.14)$ (419)$ $ (0.54)

201520162017

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(Millions) Q4-16 Q4-17 Q1-18 Q2-18

6.75% Senior Notes due 2019 $ 196 $ 166 $ 153 $ 153

7.50% Senior Notes due 2022 350 347 347 347

7.00% Senior Notes due 2024 416 311 311 310

2.125% Convertible Senior Notes due 2026 805 805 805 805

Borrowings from secured revolving line of credit, net - 70 70 70

Total Debt (principal amount) 1,767$ 1,699$ 1,686$ 1,685$ Unamortized debt discount associated with 2.125% Convertible

Senior Notes due 2026 (308) (286) (280) (274)

Unamortized debt issurance costs (25) (19) (19) (18)

Other 1 1 1 -

Total Debt (net) 1,435$ 1,395$ 1,388$ 1,393$

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ENDNOTESSlide 11:Source: Mercury Data and AMD Internal Data

Slide 15: Source: Jon Peddie Research and AMD Internal Data

NAP-42: AMD EPYC™ 7601 processor supports up to 8 channels of DDR4-2667, versus the Xeon Platinum 8180 processor at 6 channels of DDR4-2667.

NAP-43:AMD EPYC 7601 processor includes up to 32 CPU cores versus the Xeon Platinum 8180 processor with 28 CPU cores. NAP-43.

NAP-44A single AMD EPYC™ 7601 processor offers up to 2TB/processor (x 2 = 4TB), versus a single Xeon Platinum 8180 processor at 768Gb/processor (x 2 = 1.54TB).

NAP-56AMD EPYC™ processor supports up to 128 PCIe® Gen 3 I/O lanes (in both 1 and 2-socket configuration), versus the Intel® Xeon® SP Series processor supporting a maximum of 48 lanes PCIe® Gen 3 per CPU, plus 20 lanes in the chipset (max of 68 lanes on 1 socket and 116 lanes on 2 socket).

NAP-87Estimates based on SPECrate®2017_int_base using the GCC-02 v7.2 compiler. AMD-based system scored 196 in tests conducted in AMD labs using an “Ethanol” reference platform configured with 2 x AMD EPYC 7601 SOC’s, 512GB memory (16 x 32GB 2R DDR4 2666MHz),Ubuntu 17.04, BIOS 1002E. Intel-based Supermicro SYS-1029U-TRTP server scored 169.8 in tests conducted in AMD labs configured with 2 x Xeon 8160 CPU’s, 768GB memory (24 x 32GB 2R DDR4 2666MHz), SLES 12 SP3 4.4.92-6.18-default kernel, BIOS set to Extreme performance setting.

NAP-88Estimates based on SPECrate®2017_int_base using the GCC-02 v7.2 compiler. AMD-based system scored 149 in tests conducted in AMD labs using an “Ethanol” reference platform configured with 2 x AMD EPYC 7401 SOC’s, 512GB memory (16 x 32GB 2R DDR4 2666MHz),Ubuntu 17.04, BIOS 1002E. Intel-based Supermicro SYS-1029U-TRTP server scored 118.1 in tests conducted in AMD labs configured with 2 x Xeon 6130 CPU’s, 768GB memory (24 x 32GB 2R DDR4 2666MHz), SLES 12 SP3 4.4.92-6.18-default kernel, BIOS set to Extreme performance setting.

NAP-89Estimates based on SPECrate®2017_int_base using the GCC-02 v7.2 compiler. AMD-based system scored 123 in tests conducted in AMD labs using an “Ethanol” reference platform configured with 2 x AMD EPYC 7351 SOC’s, 512GB memory (16 x 32GB 2R DDR4 2666MHz),Ubuntu 17.04, BIOS 1002E. Intel-based Supermicro SYS-1029U-TRTP server scored 86.2 in tests conducted in AMD labs configured with 2 x Xeon 5118 CPU’s, 768GB memory (24 x 32GB 2R DDR4 2666MHz running at 2400), SLES 12 SP3 4.4.92-6.18-default kernel, BIOS set to Extreme performance setting.

NAP-90Estimates based on SPECrate®2017_int_base using the GCC-02 v7.2 compiler. AMD-based system scored 113 in tests conducted in AMD labs using an “Ethanol” reference platform configured with 2 x AMD EPYC 7351 SOC’s, 512GB memory (16 x 32GB 2R DDR4 2666MHz),Ubuntu 17.04, BIOS 1002E. Intel-based Supermicro SYS-1029U-TRTP server scored 78.7 in tests conducted in AMD labs configured with 2 x Xeon 4116 CPU’s, 768GB memory (24 x 32GB 2R DDR4 2666MHz running at 2400), SLES 12 SP3 4.4.92-6.18-default kernel, BIOS set to Extreme performance setting.

RPM-22CPU performance represented by Cinebench R15 nT. System performance represented by PCMark® 10 Extended. Graphics performance represented by 3DMark® 11 P-score. Testing conducted by AMD performance labs as of 5/3/2018. Scores presented in order of i7-8550U vs. Ryzen™ 7 PRO 2700U. Cinebench R15: 514 vs. 666 (29% faster); PCMark® 10 Extended: 2847 vs. 3117 (9% faster); 3DMark® 11: 1913 vs. 3893 (103% faster). AMD System configuration: AMD Reference Motherboard, Ryzen™ 7 PRO 2700U, 2x4GB DDR4-2400, 512GB Samsung 850 Pro SSD, Radeon™ Vega10 graphics (driver 23.20.768), 15W thermal solution, Windows® 10 Pro RS3 x64, BIOS WMD8111N, 1920x1080. Intel system: HP Spectre Notebook (HP 827F), Core i7-8550U, 2x8GB DDR4-2400, UHD 620 graphics (driver 22.20.16.4771), Samsung 850 Pro SSD, Windows 10 Pro RS3. Results may vary with system configuration.

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ENDNOTES

RVM-26Processor for ultrathin notebooks defined as 15W nominal processor TDP. Based on testing of the AMD Ryzen™ 7 2700U, AMD Ryzen™ 5 2500U, and Core i7-8550U mobile processors as of 10/6/2017 Performance based on Cinebench R15 nT and 3DMark® TimeSpy in order of AMD 2700U, AMD 2500U and Intel 8550U. Cinebench R15 nT results: 660.5, 606.5, 498.2; 3DMark TimeSpy results: 978, 865, 350. 50:50 CPU:GPU weighted relative performance with i7 baseline: Intel i7-8650U = (498.2/498.2*.5) + (350/350*.5) = 100%; AMD Ryzen 5 2500U = (606.5/498.2*.5) + (865/350*.5) = 184%; AMD Ryzen 7 2700U = (660.5/498.2*.5) + (978/350*.5) = 206%.

RVM-93Testing by AMD Performance labs. Cinebench R15 nT is used to simulate multi-thread CPU performance; the AMD Ryzen™ 7 2700U scored 660.50, while the Intel i7-8550U scored 514.17 for a benchmark score comparison of 660.50/514.17 = 1.28X or 28% faster and the Intel i7-7500U scored 325.19 for benchmark score comparison of 660.50/325.19 = 2.03X or 103% faster. System ConfigurationsAMD Ryzen™ 7 2700U: HP 83C6, AMD Ryzen™ 7 2700U Processor with Radeon™ RX Vega 10 Graphics, 8GB (2x4GB) DDR4-2400 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 22.19.655.2, 06-Sep-2017i7-8550U: HP 827F, i7-8550U Processor with Intel UHD Graphics 620 , 8GB Dual Channel (2x4GB) DDR4-2400 RAM, LITEON CA1-8D256-HP , Windows 10 Pro RS2, Graphics driver 22.20.16.4771, 12-Aug-2017Intel Core i7-7500U: HP Envy x360, Intel Core i7-7500U with Intel HD Graphics 620 @15W, 8GB DDR4-2400 RAM, Samsung 850 PRO 512GB SATA SSD, Windows 10 Pro RS2, Graphics driver 22.20.16.4691 , 01-Jun-2017PC manufacturers may vary configurations yielding different results.

RZ2-4As measured by AMD Performance Labs on 03/12/2018. Application Scores (AMD Ryzen 7 2700X vs. Intel Core i7-8700K): Cinebench R15 (“3D Rendering”): 1846 v. 1396 (1846/1396=132%, or) 32% faster; Blender 2.79 (“3D rendering”): 22.06 seconds vs. 26.6 seconds (22.06/26.6=83% as much time to render, or) 17% faster; Handbrake 1.0.7 (“video encoding”): 497 seconds vs. 604 seconds (497/604=82% as much time to render, or) 18% faster; TrueCrypt 1GB AES (“file encryption”): 11.1 vs. 8 (11.1/8=138% as fast, or) or 38% faster; POVRay 3.7 nT (“raytracing”), 3768 vs. 2959 (3768/2959=127% as fast, or) or 27% faster; Nicehash miner (“Blockchain Mining”), 532 H/s vs. 304 H/s (532/304=1.75% as fast, or) 75% faster; 7-Zip (“File Compression”), 46195 MIPS vs 39779 MIPS (46195/39779=116% as fast, or) 16% faster. Average of all “content creation” percentages (Cinebench, Blender, Handbrake, POVRay=32%, 17%, 18%, 27%): 24% higher performance for AMD Ryzen™ 7 2700X. Test configuration: Reference Motherboard + AMD Ryzen™ 7 2700X, Gigabyte AORUS Z370 + Core i7-8700K, GeForce GTX 1080 (driver 390.77), 2x8 GB DDR4-3200 (14-14-14-36), Windows 140 x64 Pro (RS3), Samsung 850 Pro SSD. Performance may vary with different drivers and system configurations.

RZ2-8As measured by AMD Performance Labs on 03/14/2018. All games tested at 2560x1440 resolution with the in-game “High” image quality presets. Results ordered in AMD vs. Intel (Relative%): Grand Theft Auto™ V: 98 vs. 104 (-5%); Metro: Last Light™ Redux: 161 vs. 142 (+13%); Ashes of the Singularity™: 87 vs. 89 (-2%); Deus Ex: Mankind Divided™: 72 vs. 72 (Tie); Sid Meier's Civilization® VI: 89 vs. 98 (-9%); F1® 2017: 127 vs. 137 (-7%); Middle-earth™: Shadow of War™: 84 vs. 85 (-1%); HITMAN® (2016): 89 vs. 90 (-2%); Overwatch™: 130 vs. 134 (-3%); The Witcher™ 3: 83 vs. 85 (-2%); Tom Clancy's The Division™: 95.5 vs. 95 (Tie); Rise of the Tomb Raider™: 113 vs. 113 (Tie); Average of all percentages: -1%. Test configuration: Reference Motherboard + AMD Ryzen™ 7 2700X, Gigabyte AORUS Z370 + Core i7-8700K, GeForce GTX 1080 (driver 390.77), 2x8 GB DDR4-3200 (14-14-14-36), Windows 10 x64 Pro (RS3), Samsung 850 Pro SSD. Performance may vary with different drivers and system configurations.

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