Advanced Micro Devices (AMD) S-4 Registration of securities issued in business combination transactions

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

(In millions, except ratios)

Ratio of Earnings to Fixed Charges:

	Fiscal Year Ended
	Dec 29, 2012			Dec 31, 2011			Dec 25, 2010		Dec 26, 2009			Dec 27, 2008
Interest expense	$	175		$	180		$	199	$	438		$	391
Capitalized interest		—			—			—		1			9
Estimated interest portion of rent expense		14			16			16		20			28
Class B preferred accretion		—			—			—		72			—
Fixed charges	$	189		$	196		$	215	$	531		$	428
Income (loss) from continuing operations before equity income (loss) and dilution in investees, income taxes and noncontrolling interest	$	(1,217	)	$	(1	)	$	971	$	408		$	(2,344	)
Fixed charges		189			196			215		531			428
Less: Class B preferred accretion		—			—			—		(72	)		—
Less: interest charges capitalized		—			—			—		(1	)		(9	)
Earnings (loss)	$	(1,028	)	$	195		$	1,186	$	866		$	(1,925	)
Ratio of earnings to fixed charges		*			*			5.52		1.63			*

* For the years ended December 29, 2012, December 31, 2011 and December 27, 2008, earnings were insufficient to cover fixed charges by approximately $1.0 billion, $1 million and $2.4 billion, respectively.