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AMD SECOND QUARTER SALES DECLINED

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Published: Tuesday 27th September, 2005
Companies: AMD (All AMD content)

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AMD SAYS SECOND QUARTER SALES DECLINED

SUNNYVALE, CA - July 5, 2001. AMD (NYSE:AMD) said today that sales for the

second quarter ended July 1, 2001 at $985 million declined approximately 17

percent from first quarter sales of $1.189 billion. On continuing

businesses, the sales decline amounted to approximately 11 percent from the

like period of 2000. The company also said that, on 341 million shares

outstanding, it is estimating second quarter net income of $0.03 to $0.05

per diluted share.

When it announced first quarter results on April 18, AMD projected that

second quarter sales could decline by as much as 10 percent. AMD said that

two factors caused the greater than expected decline in sales. First,

demand for flash memory devices was and continues to be weaker than

anticipated. Second, competitive pressures in the PC processor market

depressed the company's average selling prices. Today the company said that,

despite continuing weak PC market conditions and very aggressive pricing by

Intel Corporation, the company achieved record unit sales of AMD Athlon*

processors, record unit sales of AMD Duron* processors, and record aggregate

PC processor unit sales, demonstrating the breadth, strength and

competitiveness of its PC processor product line.

AMD will report second quarter results of operations on July 12.

About AMD

AMD is a global supplier of integrated circuits for the personal and

networked computer and communications markets with manufacturing facilities

in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and

Standard & Poor's 500 company, produces microprocessors, flash memory

devices, and support circuitry for communications and networking

applications. Founded in 1969 and based in Sunnyvale, California, AMD had

revenues of $4.6 billion in 2000. (NYSE: AMD).

AMD, the AMD logo, and combinations thereof are trademarks of Advanced Micro

Devices, Inc. in the United States and other jurisdictions.