More AMD bad news - which should provide more downward pressure on Intel and other tech stocks.
Wednesday July 3, 1:31 am Eastern Time
Press Release
SOURCE: AMD
AMD Anticipates Reporting Second Quarter Sales of Approximately $600 Million
SUNNYVALE, Calif.--(BUSINESS WIRE)--July 2, 2002--AMD (NYSE:AMD - News) announced today that it expects to report sales of approximately $600 million for the second quarter ending June 30, 2002. The Company had previously projected second quarter sales to be in the $620 million to $700 million range.
The Company will provide final second quarter financial results on July 17, 2002.
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, a Fortune 500 and Standard & Poor's 500 company, 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 $3.9 billion in 2001. (NYSE:AMD - News).
AMD, the AMD Arrow logo, and combinations thereof are trademarks of Advanced Micro Devices, Inc. in the United States and other jurisdictions.
--------------------------------------------------------------------------------
Contact:
AMD
Morris Denton, 408/749-3310 (PR)
morris.denton@amd.com
Mike Haase, 408/749-3124 (IR)
mike.haase@amd.com |
