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To: Gerald Walls who wrote (98766)2/11/2000 2:06:00 PM
From: Road Walker  Respond to of 186894
 
AMD SEES FLAT TO NOMINALLY HIGHER FIRST QUARTER REVENUES

SUNNYVALE, CA--FEBRUARY 11, 2000--Speaking at a Goldman-Sachs conference in Palm Springs, California, AMD Chairman and Chief Executive Officer W.J. Sanders III said he now expects the company to report flat to nominally higher sequential sales in the current quarter.

"Demand for low-end microprocessors has been stronger than expected," said Sanders. "Business across the board continues to be robust. With better than anticipated demand for low-end PC processors, we now expect that AMD's first-quarter revenues will be flat to nominally higher than the record sales reported in the seasonally strong fourth quarter. The ramp of the AMD Athlon? processor on 180-nanometer technology is proceeding as planned. One hundred percent of our AMD Athlon production is now on 180-nanometer technology."

AMD reported sales of $968,710,000 in the quarter ended December 26, 1999.