-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OITEyD+ielWxxicPELrf5Iu3f83HN09sJAe1u/f2UHWoWnvzfXjwQJHU9jfbW7U9 FCuoH0qIOZa2mnUlB5FX0Q== 0001012870-99-004400.txt : 19991125 0001012870-99-004400.hdr.sgml : 19991125 ACCESSION NUMBER: 0001012870-99-004400 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991111 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC CENTRAL INDEX KEY: 0000002488 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 941692300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-07882 FILM NUMBER: 99763380 BUSINESS ADDRESS: STREET 1: ONE AMD PL STREET 2: P O BOX 3453 CITY: SUNNYVALE STATE: CA ZIP: 94088-3453 BUSINESS PHONE: 4087322400 8-K 1 FORM 8-K 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): November 11, 1999 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 Item 5. Other Events. - ------- ------------- On November 11, 1999, Advanced Micro Devices, Inc. announced that it currently expects to achieve revenues of more than $800 million in the current quarter. The Company currently forecasts that its goal of achieving break-even operating results in the current quarter is attainable, barring unforeseen events or disruptions in the supply chain. 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 and Exhibits. - ------- ---------------------------------- (c) Exhibits: 99.1 Press release dated November 11, 1999. 2 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. Date: November 23, 1999 By: /s/ James Ashby ---------------------------------- James Ashby Vice President, Controller 3 Exhibit Index ------------- Exhibit Number Exhibit - -------------- ------- 99.1 Press release dated November 11, 1999. 4 EX-99.1 2 PRESS RELEASE DATED NOVEMBER 11, 1999 EXHIBIT 99.1 [AMD Letterhead] CONTACT: John Greenagel Corporate Communications (408) 749-3310 Toni Beckham Investor Relations (408) 749-3127 AMD SAYS FOURTH-QUARTER OPERATING RESULTS COULD BE BREAK-EVEN BASED ON STRONG DEMAND SUNNYVALE, CA - November 11, 1999 - With strong demand for Flash memory products and microprocessors, AMD today announced that it currently expects to achieve revenues of more than $800 million in the current quarter. The company currently forecasts that its goal of achieving break-even operating results in the current quarter is attainable, barring unforeseen events or disruptions in the supply chain. While motherboard availability remains an issue, the company believes that its goal of shipping 800,000 AMD Athlon processors in the current quarter is increasingly realistic. At an analyst meeting at company headquarters in Sunnyvale, California, Chairman and Chief Executive Officer W.J. Sanders III said the company had sold out its Flash memory availability for the current quarter, and that he expects that the company will achieve $250 million in sales of Flash memory devices in the current quarter. Based on presently available information, the company expects that an imbalance of supply and demand in Flash memories will continue for the foreseeable future. Sanders also said that he expects AMD will ship more than 5 million processors for PCs in the current quarter, including both AMD-K6 family processors and AMD Athlon processors. All AMD Athlon processor wafer starts are now on 180-nanometer (0.18-micron) technology, enabling production of higher- frequency devices. Sanders said the company will begin shipments of 750MHz AMD Athlon processors this quarter, and he expects AMD will begin shipments of 800MHz AMD Athlon processors in the first quarter of 2000. Cautionary Statement This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally preceded by words such as "plans," "expects," "believes," "anticipates" or "intends." Investors are cautioned that all forward-looking statements in this release involve risks and uncertainty that could cause actual results to differ materially from current expectations. Forward-looking statements in this release involve the risk that third parties may not provide infrastructure solutions to support the AMD Athlon processor in a timely manner to allow the company to meet its unit sales goals, that the company will not be able to produce the AMD Athlon processor in the volume necessary to meet its goals, that the AMD Athlon will not achieve customer and market acceptance, and that demand for flash memory products will not continue at current or greater levels. We urge investors to review in detail the risks and uncertainties in the Company's Securities and Exchange Commission filings. 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 $2.5 billion in 1998. (NYSE:AMD) AMD, the AMD logo, 3DNow!, AMD Athlon and combinations thereof are trademarks, and the AMD-K6 is a registered trademark of Advanced Micro Devices, Inc. -----END PRIVACY-ENHANCED MESSAGE-----