In response to a question from a financial analyst, AMD CEO Lisa Su replied AMD has several other IP deals in progress:
Vivek Arya - Bank of America Merrill LynchPerhaps this is related to last month's rumor about an IP licensing deal between AMD and Tesla.
Thanks for taking my question. For the first one, I was wondering if you could help quantify the benefit of your IP license in the two different segments, and is this a one-off? Or do you see ongoing benefits in Q4 and beyond?
Dr. Lisa T. Su - Advanced Micro Devices, Inc.
Sure, Vivek. Hey, thanks for the question. We did close a IP-related transaction. It was a patent licensing transaction. The revenue and benefit was spread over both segments. When we look at it going forward, we have a pipeline of IP deals and we're constantly looking at them. And from our standpoint, we're working several deals in progress. So we believe that IP-related revenue will be a factor as we go forward, but our primary focus is on the product-related revenue and the product-related growth.