APPLIED MICRO CIRCUITS CORP
8-K, EX-99.2, 2000-06-23
SEMICONDUCTORS & RELATED DEVICES
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                                                                    Exhibit 99.2

Company Contact:                         Editorial Contact:

Applied Micro Circuits Corporation       The Ardell Group
Bill Berridge or Mary Pund               Karina Wollesen
(858) 535-4260 or (858) 535-6523              (650) 569-3806
e-mail: [email protected]                        e-mail:
[email protected]
       [email protected]


                  AMCC COMPLETES ACQUISITION OF YUNI NETWORKS

SAN DIEGO, June 9, 2000 - Applied Micro Circuits Corp. (AMCC) [NASDAQ:AMCC], a
leader in high-bandwidth silicon connectivity solutions for the world's optical
networks, today announced that it has completed the acquisition of San Diego
based YuniNetworks, Inc., a fabless semiconductor company that specializes in
providing scalable terabit switch fabric technology.

The addition of YuniNetworks' solutions, in combination with AMCC's leadership
position in OC-48 and OC-192 termination and its core competency in high-speed
serial backplane products, will allow for compelling low power and smaller size
system-level solutions while accelerating time-to-market for terabit router
OEMs. YuniNetworks' switch architecture provides the Quality of Service (QoS)
for eight classes of service and thousands of flows per port, a 40 Gbps link
rate and is scalable for high-end, multi-terabit applications downward to 10
Gbps, allowing for the development of a family of switching products.

About AMCC

AMCC designs, develops, manufactures and markets high-performance, high-
bandwidth silicon solutions for the world's optical networks. The Company
utilizes a combination of high-frequency, mixed-signal design expertise and
multiple silicon process technologies to offer IC products for the
telecommunications market that address the SONET/SDH and ATM transmission
standards and for the data communications markets that address the Gigabit
Ethernet, ATM and Fibre Channel transmission standards. AMCC's core technologies
also
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address ATE and high-speed computing needs. AMCC's corporate headquarters
and wafer fabrication facilities are located in San Diego, California. Sales and
consulting engineering offices are located throughout the world. For further
information regarding AMCC and its products, write: Marketing Communication
Department, AMCC, 6290 Sequence Drive, San Diego, California 92121-4358; or call
1-800-755-AMCC (1-800-755-2622) or (858) 450-9333; or fax (858) 450-9885; or
email [email protected]; or visit our website at http://www.amcc.com.

Forward Looking Statements:

Except for historical information contained herein, the matters set forth in
this news release are forward-looking statements that are subject to certain
risks and uncertainties, including, but not limited to risks associated with the
integration of the acquired business as well as the risks and uncertainties set
forth in, "The Factors That May Affect Future Results" detailed in the Company's
Annual Report on Form 10-K for the year ended March 31, 1999, and the Company's
other filings with the Securities and Exchange Commission. Actual results could
differ materially, as a result of such factors, from those set forth in the
forward-looking statements.

                                      ###

Product photos, datasheets and application notes are available upon request.
AMCC is a registered trademark of Applied Micro Circuits Corporation.


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