ADVANCED MICRO DEVICES INC
8-K, 1997-10-10
SEMICONDUCTORS & RELATED DEVICES
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<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): September 30, 1997


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

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

         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 1 of 4
<PAGE>
 
Item 5.  Other Events.
- -------  -------------

     On September 30, 1997, Advanced Micro Devices, Inc. (the Company) announced
that lower than expected AMD K-6(TM) MMX(TM) yields resulted in lower revenues
and an operating loss that was substantially larger than anticipated. The full
text of the press release is set forth in Exhibit 99 attached hereto and is
incorporated in this report as if fully set forth herein.

     Except for the historical information contained in the Company's press
release, certain of the matters discussed in the press release are forward-
looking statements about the AMD K-6 MMX Enhanced Processor that involve risks
and uncertainties that the Company's production ramp will fall short of
expectations, that new wafer fabrication process technologies will not be
developed as rapidly as customers need or demand, that customer acceptance and
demand of the product will continue, and that economic conditions will change
and affect demand for microprocessors and other integrated circuits. Investors
are urged to consult the risks and uncertainties detailed in the Company's
reports filed with the Securities and Exchange Commission, including the
Company's Form 10-Q for the quarter ended June 29, 1997.


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

(c)  Exhibits:

     99  Press release dated September 30, 1997

                                       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:  October 9, 1997        By: /s/ Geoff Ribar
                                 -----------------------------
                                        Geoff Ribar
                                        Vice President
                                        Corporate Controller

                                       3
<PAGE>
 
                                 Exhibit Index
                                 -------------


Exhibit Number     Exhibit
- --------------     -------
 
     99            Press release dated September 30, 1997

                                       4

<PAGE>
 
NEWS RELEASE                                         [LOGO OF AMD APPEARS HERE]
                                                                 One AMD Place
                                                                 P.O. Box 3453
                                                      Sunnyvale, CA 94088-3453
                                                            Tel (408) 732-2400
                                                                      CONTACT:
                                                                   SCOTT ALLEN
                                                              PUBLIC RELATIONS
                                                                (408) 749-3311

                       AMD EXPECTS THIRD-QUARTER LOSS
                        TO BE LARGER THAN ANTICIPATED

SUNNYVALE, CA - SEPTEMBER 30, 1997 - AMD announced today that the company 
produced and shipped one million AMD-K6/TM/MMX/TM/ Enhanced Processors in the 
third quarter and still plans to produce approximately two million AMD-K6s in 
the fourth quarter. During the third quarter, lower than expected AMD-K6 
yields resulted in lower revenues and an operating loss that was substantially
larger than anticipated. The company will report third-quarter financials
after the market closes on Tuesday, October 7, 1997.

ABOUT AMD

     AMD is a global supplier of integrated circuits for the personal and
networked computer and communications markets.  AMD produces processors, flash
memories, programmable logic devices, and products for communications and
networking applications.  Founded in 1969 and based in Sunnyvale, California,
AMD had revenues of $2 billion in 1996.  (NYSE:  AMD).



AMD IS A REGISTERED TRADEMARK, AND AMD-K6 IS A TRADEMARK OF ADVANCED MICRO
DEVICES, INC. MMX IS A TRADEMARK OF INTEL CORPORATION.


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