8-K: Current report filing
Published on April 16, 1996
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): April 9, 1996
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 April 9, 1996, Advanced Micro Devices, Inc. (the "Company") announced
its first quarter revenues. The Company reported sales of $544,212,000. Net
income amounted to $25,327,000 or $0.18 per common share on a fully diluted
basis. The results include non-recurring charges of $8.7 million for expenses
associated with the Company's merger with NexGen, Inc., on January 17, 1996, and
a non-recurring pre-tax gain of $24.7 million resulting from a sale of
securities. The full text of the press release is set forth in Exhibit 99
attached hereto and is incorporated in this report as if fully set forth herein.
Except for the historical information contained in the attached press
release, the matters discussed in the press release are forward-looking
statements. These statements involve risks and uncertainties that could cause
actual results to differ from predicted results. The Company's production plans
are subject to change depending on customers inventory levels and orders for the
Company's products, changed industry and Company forecasts of demand, the timing
of introduction of higher-performance fifth-generation microprocessors and
other products, and the pace at which the Company is able to ramp production of
fifth generation microprocessors in FAB 25. The Company's success in producing
and selling products as planned is subject to numerous risks and uncertainties
including those related to the potentially adverse effects of marketing and
pricing strategies adopted by Intel Corporation which has a dominant position in
the microprocessor market, the possibility that products newly introduced by the
Company may fail to achieve market acceptance or that any of the Company's
products may be found to be defective, possibly adverse conditions in the
personal computer market and unexpected interruptions in the Company's
manufacturing operations. Information on the factors that could affect the
Company's financial results are set forth in the Company's SEC filings,
including the recently filed report on Form 10-K for the year ended December 31,
1995.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits:
99 Press release dated April 9, 1996
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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.
(Registrant)
/s/ Marvin D. Burkett
Date: April 12, 1996 By: -----------------------------
--- Marvin D. Burkett
Senior Vice President, Chief
Financial and Administrative
Officer and Treasurer
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Exhibit Index
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Exhibit Number Exhibit
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99 Press release dated April 9, 1996
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