PRESS RELEASE DATED JULY 10, 1996

EXHIBIT 99

NEWS RELEASE [LOGO OF AMD]
One AMD Place
P.O. Box 3453
Sunnyvale, CA 94088-3453
Tel (408) 732-2400

For further information:
Tom Stites
(408) 749-2918



AMD REPORTS SECOND QUARTER RESULTS

SUNNYVALE, CA--JULY 10, 1996--AMD today reported a net loss of
$34,672,000 on sales of $455,077,000 for the quarter ended June 30, 1996. The
loss amounted to $0.26 per share on a fully diluted basis. The company's second-
quarter results include a non-recurring, pre-tax gain of $16.3 million resulting
from a sale of securities.

Sales for the like period of 1995 amounted to $638,867,000, which
resulted in net income of $80,652,000, or $0.59 per share fully diluted.

In the immediate-prior quarter, AMD reported sales of $544,212,000,
which resulted in net income of $25,327,000, or $0.18 per share fully diluted.
The company's first-quarter results included a non-recurring gain of $24.7
million resulting from a sale of securities and non-recurring charges of $8.7
million for expenses associated with AMD's merger with NexGen, Inc., which was
completed during the quarter.

For the first six months of 1996, the company reported total revenues of
$999,289,000, which resulted in a net loss applicable to common stockholders of
$9,345,000, or $0.07 per common share fully diluted. For the same period a year
ago, AMD reported revenues of $1,266,248,000, which resulted in net income
applicable to common stockholders of $164,972,000, or $1.21 per common share
fully diluted. (Financial results for 1995 have been restated to include the
historical financial information of NexGen, Inc.)

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"The main cause of our revenue decrease was a significant decline in flash
memory revenues from the immediate prior quarter," said W.J. Sanders III,
chairman and chief executive officer. "Flash memory sales were impacted by soft
demand and sharply lower prices as customers continued to reduce their
inventories to levels consistent with current availability. All AMD product
lines were adversely affected by weaker demand for semiconductors.

"AMD incurred a widening operating loss in its second quarter as aggregate
results from our other divisions were insufficient to offset the large losses we
are currently experiencing in our Microsoft(R) Windows(R)-compatible
microprocessor divisions," Sanders continued.

"The keys to returning to profitability in our Windows-compatible
microprocessor business are producing and selling our fifth-generation,
AMD-K5(TM) and successfully introducing our sixth-generation, AMD-K6 superscalar
microprocessors. In the just-completed quarter, we shipped more than 200,000
AMD-K5-PR75 and AMD-K5-PR90 microprocessors as direct plug-in replacements for
Pentium(R) 75 and Pentium 90 devices, demonstrating compatibility of AMD's
independently developed, fifth-generation processors," Sanders continued.
"Consistent with our road map to introduce higher-performance devices, we made
initial production shipments of our AMD-K5-PR100 devices during the second
quarter," Sanders concluded.

AMD is a global supplier of integrated circuits for the personal and
networked computer and communications markets. A Fortune 500 company, AMD
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produces processors, flash memories, programmable logic devices, and products
for communications and networking applications. Founded in 1969, AMD is based in
Sunnyvale, California, and has sales and manufacturing facilities worldwide. The
Company had revenues of $2.5 billion in 1995 (NYSE: AMD).

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_______________________________________________________________________________
CAUTIONARY STATEMENT

The forward-looking statements in the above news release relate to compatibility
and profitability of AMD's microprocessors. Such forward-looking statements are
based on current expectations and beliefs, and are subject to numerous risks and
uncertainties that could cause actual results to differ materially. Factors that
would cause the actual results to differ materially are: the risk that the
company's microprocessors may not be compatible with all industry-standard
software and hardware or competitive with products produced by other
manufacturers, primarily Intel Corporation; the risk that the company's
sixth-generation microprocessor design acquired in the NexGen merger which is
still in development, requires further modification using AMD's design
verification and manufacturing technologies and will be manufactured using
technologies which have not yet been successfully implemented; and such other
risks and uncertainties as are detailed under the "Management's Discussion and
Analysis of Results of Operations and Financial Condition" contained in the
company's annual report on Form 10-K for the fiscal year ended
December 31, 1995, and the company's quarterly report on Form 10-Q for the
quarter ended March 31, 1996.
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WORLD WIDE WEB: Press announcements and other information about AMD are
available on the Internet via the World Wide Web. Type http://www.amd.com at the
URL prompt.

Microsoft and Windows are registered trademarks of Microsoft Corporation.

Pentium is a registered trademark of Intel Corporation.

AMD-K5, AMD, the AMD logo and combinations thereof are trademarks of Advanced
Micro Devices, Inc.

AMD news release #96CORP18 9664


Advanced Micro Devices, Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Thousands except per share amounts)
(Unaudited)