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Diverse d.  13. december. 2000, skrevet af The Boss 0 Kommentarer.  Vist: 354 gange.

Company now expects flat to nominally higher sales

SUNNYVALE, CA - December 11, 2000 - AMD said today that it expects to report
fourth-quarter sales flat to nominally higher than for the immediate-prior
quarter, ended October 1, 2000, when it reported record sales of
$1,206,549,000. The company said it now expects that fourth-quarter net
income will be in the range of $0.50 to $0.60 per share, depending on the
relative strength of PC processor sales in the closing weeks of the quarter.
AMD cited weak demand for consumer PCs in the United States retail market
and projected that, as a result, its unit shipments of AMD PC processors
will be only nominally higher than the record 6.8 million units shipped in
the immediate-prior quarter. AMD had previously stated that it expected
total fourth-quarter sales to grow sequentially in the
high-single-digit-range, with unit shipments of PC processors between 8 and
9 million units.

"While the slowdown in demand for PCs has been attributed variously to
excess channel inventory, a slowing economy, or buyer apathy, we believe it
is temporary," said W.J. Sanders III, chairman and chief executive officer.
"The PC in wired and wireless forms will continue to be the hub of the
digital universe."

The company said demand for one-gigahertz and faster AMD Athlon( processors
remains strong and it continues to expect to sell out its production of AMD
Athlon processors. Demand for AMD Duron( processors is expected to improve
next quarter with the availability of chipsets featuring integrated graphics
for the value-conscious buyer.

The company said that demand for its flash memory products remains strong
and that it currently expects sales growth for flash memory products will
somewhat exceed previous guidance for the quarter. The company further said
that it has good visibility into future demand for flash memory products,
which it expects will remain strong in 2001.

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. Investors are cautioned that forward-looking statements in this
release involve risks and uncertainty that could cause actual results to
differ materially from current expectations. There can be no assurance that
the company will meet its current revenue and earnings projections for the
fourth quarter of 2000. Risks include the possibility that demand for
personal computers and, in turn, demand for the company's PC processors will
be lower than currently expected; that the company will not be able to
produce the AMD Athlon and AMD Duron processors in the volume, speed mix or
with the feature set necessary to meet customer requirements and the
company's current plans and goals; that Intel Corporation pricing, marketing
programs, new product introductions or other activities targeting the
company's processor business will prevent attainment of the company's
current processor sales plans; that third parties may not provide timely or
adequate infrastructure solutions to support the AMD Athlon and AMD Duron
processors; and that uncertain political and economic conditions will cause
lower than expected demand for the company's products. 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-K for the year ended December 26, 1999 and the company's most recently
filed Form 10-Q.

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 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 $2.9 billion in 1999. (NYSE: AMD).

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