ADVANCED MICRO DEVICES INC
8-K, 1995-12-21
SEMICONDUCTORS & RELATED DEVICES
Previous: ASSET ALLOCATION PORTFOLIOS, N-1A, 1995-12-20
Next: AMSOUTH BANCORPORATION, 8-K, 1995-12-21



<PAGE>
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    FORM 8-K

               Current Report Pursuant to Section 13 or 15(d) of
                      The Securities Exchange Act of 1934


               Date of Report (Date of earliest event reported):
                               December  18, 1995


                           ADVANCED MICRO DEVICES, INC.
            ------------------------------------------------------
            (Exact name of registrant as specified in its charter)

<TABLE>
<CAPTION>
 
 
<S>                               <C>            <C>
        DELAWARE                       1-7882            94-1692300
- -------------------------------   -----------    ------------------
 
(State or other jurisdiction      (Commission    (I.R.S. Employer
     of incorporation)            File Number)   Identification No.)
 
</TABLE>

     One AMD Place,
     P.O. Box 3453
     Sunnyvale, California                        94088-3453
- ----------------------------------------          ----------
(address of principal executive offices)          (Zip Code)



Registrant's telephone number,
  including area code:          (408) 732-2400

 

<PAGE>

 Item 5.  Other Events.
 ------   ------------ 

     On December 18, 1995, Advanced Micro Devices, Inc. announced that it
expects fourth quarter earnings to be lower than last quarter.  A copy of the
press release containing such announcement is attached as an exhibit hereto.


Item 7.  Financial Statements and Exhibits.
- ------   --------------------------------- 

(c)  Exhibits:

     99   Press release dated December 18, 1995
 
                                       2
<PAGE>

                                   SIGNATURES
                                   ----------

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                              ADVANCED MICRO DEVICES, INC.
                                       (Registrant)



Date:  December 20 , 1995     By: /s/ Thomas M. McCoy  
                ---               -----------------------------------
                                  Thomas M. McCoy  
                                  Vice President, General Counsel             
                                     and Secretary

                                       3
<PAGE>

                                 Exhibit Index
                                 -------------
<TABLE>
<CAPTION>
 
 
Exhibit Number                     Exhibit
- -----------------   -------------------------------------
 
<S>                 <C>
      99            Press release dated December 18, 1995
 
</TABLE>
 
                                       4

<PAGE>
 
           [LETTERHEAD OF ADVANCED MICRO DEVICES, INC. APPEARS HERE]

                                        For further information:
                                        Chuck Mulloy
                                        408/749-5481


                        ADVANCED MICRO DEVICES EXPECTS
                    DISAPPOINTING FOURTH-QUARTER 486 SALES

SUNNYVALE, CA... December 18, 1995... Advanced Micro Devices (AMD) today 
announced that it expects fourth-quarter earnings to be lower than last quarter.
The company attributed the earnings shortfall entirely to lower than expected 
shipments of AM486(R) microprocessors.  AMD plans to release annual results on 
January 10, 1996. 

"While we expect our fourth-quarter revenues to be up over last quarter, the 
increase will not be enough to offset higher depreciation and start-up costs
from Fab 25, our new megafab in Austin, Texas. As a result, our earnings will be
down sequentially and less than analysts' expectations," said W.J. Sanders III,
chairman and chief executive officer of AMD.

Sales of communications, programmable logic and memory products remain strong, 
with demand for flash memory devices continuing to exceed supply.  AMD continues
to expect that aggregate revenues from these product lines will be up 
approximately 10 percent sequentially and 50 percent compared to the fourth 
quarter of 1994.

Sanders said AMD will ship fewer Am486 devices than in third quarter of 1995 as 
a result of unanticipated Intel 486 microprocessor sales activity. "Intel had 
appeared to be exiting the 486 market but came back during the fourth quarter.  
The supply of 100Mhz

                                    (more)
<PAGE>
 
                                       2 

486 microprocessors from Intel prevented AMD from achieving our expected unit 
shipment goal." Sanders said that AMD maintained its announced pricing 
throughout the quarter.

AMD also announced that it has begun sampling major computer development 
partners with initial version of its fifth-generation, Microsoft(R) 
Windows(R)-compatible microprocessor, code-named SSA/5-75.  Based on AMD's 
K86(TM) Superscalar architecture and manufactured on 0.35 micron process 
technology, the SSA/5-75 is a plug-in replacement for a 75Mhz Pentium.

Focusing on the personal and networked computing and communications markets,
Advanced Micro Devices, Inc., produces microprocessors and related peripherals,
flash memories, programmable logic devices, and circuits for telecommunications
and networking applications. Founded in 1969, AMD reported 1994 revenues of $2.1
billion. With headquarters in Sunnyvale, California, AMD has sales offices
worldwide and manufacturing facilities in Sunnyvale; Austin, Texas; Bangkok,
Thailand; Penang, Malaysia; Singapore; Aizu-Wakamatsu, Japan and Basingstoke,
England.

                                      ###

WORLD WIDE WEB: Press announcements and other information about AMD are 
available on the Internet via the World Web. Type http://www.amd. com at the URL
prompt.

Am486 is a registered trademark of Advanced Micro Devices, Inc.
K86 is a trademark of Advanced Micro Devices, Inc.
Microsoft and Windows are registered trademarks of Microsoft Corporation.

GENERAL NOTICE: Product names used in this publication are for identification 
purposes only and may be trademarks of their respective companies.

AMD news release 95Corp27


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission