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														Six Months Ended
	Dec. 28, 2013			Dec. 29, 2012			Dec. 31, 2011			Dec. 25, 2010		Dec. 26, 2009			Jun. 28, 2014			Jun. 29, 2013
Interest expense	$	177		$	175		$	180		$	199	$	438		$	93		$	86
Capitalized interest		0			0			0			0		1			0			0
Estimated interest portion of rent expense		14			14			16			16		20			6			9
Class B preferred accretion		0			0			0			0		72			0			0
Fixed charges	$	191		$	189		$	196		$	215	$	531		$	99		$	95
Income (loss) from continuing operations before equity income (loss) and dilution in investees, income taxes and noncontrolling interest	$	(74	)	$	(1,217	)	$	(1	)	$	971	$	408		$	(50	)	$	(215	)
Fixed charges		191			189			196			215		531			99			95
Less: Class B preferred accretion		0			0			0			0		(72	)		0			0
Less: interest charges capitalized		0			0			0			0		(1	)		0			0
Earnings (loss)	$	117		$	(1,028	)	$	195		$	1,186	$	866		$	49		$	(120	)
Ratio of earnings to fixed charges		*			*			*			5.52		1.63			*			*

* For the years ended December 28, 2013, December 29, 2012 and December 31, 2011, earnings were insufficient to cover fixed charges by approximately $74 million, $1.2 billion and $1 million, respectively. For the six-months ended June 28, 2014 and June 29, 2013, earnings were insufficient to cover fixed charges by approximately $50 million and $215 million, respectively.