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Politics : Formerly About Advanced Micro Devices

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To: Maverick who wrote (30743)4/1/1998 2:30:00 PM
From: StockMan  Read Replies (1) of 1572717
 
AMD Enters Into Microprocessor Foundry Agreement With IBM Corporation

SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 27, 1998--AMD today announced that it has signed a two-year foundry agreement with the International Business Machines Corporation [NYSE:IBM - news].

The agreement will somewhat augment AMD's capacity from Fab 25 in Austin, Texas, for the production of AMD-K6(tm) microprocessors. AMD said that wafer starts at IBM are planned to commence during the third quarter of 1998.

Cautionary Statement

Investors are cautioned that the forward-looking statements of management's expectations involve risks and uncertainties that could cause actual results to differ materially from current expectations. Investors are urged to consult the risks and uncertainties detailed in the company's reports filed with the Securities and Exchange Commission.

About AMD

AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces processors, flash memories, programmable logic devices, and products for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $2.4 billion in 1997. (NYSE:AMD)

WORLD WIDE WEB: Press announcements and other information about AMD are available on the Internet via the World Wide Web. Type://www.amd.com at the URL prompt.

Note to Editors: AMD-K6, AMD, the AMD logo and combinations thereof are registered trademarks of Advanced Micro Devices, Inc.

GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective companies.
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