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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): February 11, 2000
ADVANCED MICRO DEVICES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-7882 94-1692300
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(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
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(address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code: (408) 732-2400
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Item 5. Other Events.
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On February 11, 2000, speaking at a conference, AMD Chairman and Chief
Executive Officer W. J. Sanders III said he now expects the company to report
flat to nominally higher sequential sales in the current quarter. The full text
of the press release is set forth in Exhibit 99.1 attached hereto and is
incorporated in this report as if fully set forth herein.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(c) Exhibits
Number Exhibit
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99.1 Press release dated February 11, 2000.
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SIGNATURES
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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.
Date: February 15, 2000 By: /s/ Francis P. Barton
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Francis P. Barton
Senior Vice President,
Chief Financial Officer
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Exhibit Index
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Number Exhibit
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99.1 Press release dated February 11, 2000.
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EX-99.1
NEWS RELEASE
CONTACT:
Scott Allen
Public Relations
(408) 749-3310
John Greenagel
Corporate Communications
(408) 749-3311
Toni Beckham
Investor Relations
(408) 749-3127
AMD SEES FLAT TO NOMINALLY HIGHER FIRST QUARTER REVENUES
SUNNYVALE, CA--FEBRUARY 11, 2000--Speaking at a Goldman-Sachs conference in
Palm Springs, California, AMD Chairman and Chief Executive Officer W.J. Sanders
III said he now expects the company to report flat to nominally higher
sequential sales in the current quarter.
"Demand for low-end microprocessors has been stronger than expected," said
Sanders. "Business across the board continues to be robust. With better than
anticipated demand for low-end PC processors, we now expect that AMD's first-
quarter revenues will be flat to nominally higher than the record sales reported
in the seasonally strong fourth quarter. The ramp of the AMD Athlon(TM)
processor on 180-nanometer technology is proceeding as planned. One hundred
percent of our AMD Athlon production is now on 180-nanometer technology."
AMD reported sales of $968,710,000 in the quarter ended December 26, 1999.
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Cautionary Statement
This release contains a forward-looking statement, which is made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995, with respect to projected revenues for the quarter ending March 26, 2000.
Investors are cautioned that this forward-looking statement involves risks and
uncertainty that could cause actual results to differ materially from current
expectations. The forward-looking revenue projection in this release involves
the risk that demand for AMD's products will not continue at current or greater
levels; the risk that Intel Corporation pricing, marketing programs or other
activities targeting the company's microprocessor business will prevent
achievement of the company's current processor sales plans; that third parties
may not provide timely or adequate infrastructure solutions to support the AMD
Athlon(TM) processor; and that the company will not be able to manufacture and
ship product in the volumes, in the mix and for the prices currently assumed or
planned for the quarter. We urge investors to review in detail the risks and
uncertainties in the company's Securities and Exchange Commission filings,
including but not limited to the report on Form 10-Q for the quarter ended
September 26, 1999.
About AMD
AMD is a global supplier of integrated circuits for the personal and
networked computer and communications markets. AMD produces microprocessors,
flash memories, and integrated circuits for communications and networking
applications. Founded in 1969 and based in Sunnyvale, California, AMD had
revenues of $2.9 billion in 1999. (NYSE:AMD)
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Visit AMD on the Web: Additional news releases and information about AMD and its
products are available at www.amd.com
AMD, the AMD logo, AMD Athlon and combinations thereof are trademarks of
Advanced Micro Devices, Inc.
