PRESS RELEASE DATED APRIL 5, 2000
Published on April 18, 2000
NEWS RELEASE
CONTACT:
John Greenagel
Corporate Communications
(408) 749-3310
Toni Beckham
Investor Relations
(408) 749-3127
AMD SAYS FIRST-QUARTER SALES WILL EXCEED $1 BILLION
TOKYO, JAPAN -- April 5, 2000 -- Speaking at a news conference in Tokyo,
Japan, observing the 25th anniversary of AMD-Japan, Ltd., AMD Chairman and Chief
Executive Officer W.J. Sanders III said today he expects that the company will
report record sales in excess of $1 billion for its first quarter, which ended
April 2, 2000.
Based on strong sales growth from all its product groups, Sanders said he
expects AMD will report revenue growth in the range of 10 percent over the
immediate-prior quarter to more than $1.06 billion when it announces results on
Wednesday, April 12. Both Flash memory and PC processors, led by the award-
winning AMD Athlon(TM) processor, reached new records in units and revenues.
Sanders said the company achieved its publicly stated goal of selling at least
1.2 million AMD Athlon processors during the quarter.
"We believe we continued to gain unit share worldwide last quarter in the
PC processor segment," said Sanders. "Our PC processor unit market share in
Japan, at more than 20 percent, is somewhat higher than our worldwide share,
reflecting our participation in all segments of the Japanese market - consumer,
commercial, and mobile."
AMD reported record sales of $968.7 million and earnings of $0.43 per
diluted share for the immediate-prior quarter, which ended December 26, 1999.
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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 all forward-looking statements in this
release involve risks and uncertainty that could cause actual results to differ
materially from current expectations. 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-Q for the quarter
ended September 26, 1999. There can be no assurance that demand for the
company's products will continue at current or greater levels, or that the
company will continue to grow revenues or market share.
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 $2.9 billion in 1999. (NYSE: AMD).
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