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To: Bilow who wrote (201)	7/27/2000 4:27:17 PM
From: Maverick	Respond to of 271

AMD Reiterates Guidance:7M uP Q3, 9M Q4 Company Press Release AMD Reiterates Guidance SUNNYVALE, Calif.--(BUSINESS WIRE)--July 27, 2000--Speaking at a Robertson-Stephens semiconductor conference in San Francisco, an AMD executive reiterated guidance concerning the company's expectations for the second half of 2000. Benjamin M. Anixter, vice president for External Affairs at AMD, said that despite the loss of revenues from the company's Communication Products Division, AMD projects that it will report record sales in the September quarter based on continued strong demand for its flash memory and PC processor products. ``Demand for AMD flash memory devices continues to exceed supply,'' said Anixter. ``We are ramping the production capacity of our flash memory manufacturing joint venture, FASL (Fujitsu AMD Semiconductor Ltd.), as rapidly as possible to support our customers. Our increased output is committed through the remainder of this year. With good visibility into future demand through the end of 2001, we continue to expect strong growth in sales of flash memory products.'' Anixter said that the principal drivers of strong demand for flash memory products include applications for Internet infrastructure, automotive, set-top boxes, Internet access devices, and cellular telephones. Anixter also said the company remains on track to achieve its previously stated goal of shipping 3.6 million AMD seventh-generation processors, including the AMD Athlon(TM) and the AMD Duron(TM) processors, in the current quarter. ``The PC market outlook is strong,'' said Anixter. ``We plan to meet our goal of doubling shipments of seventh-generation PC processors to 3.6 million units in the third quarter, and again doubling shipments to 7.2 million units in the fourth quarter. We plan to commence volume shipments of 1.1-gigahertz AMD Athlon processors in the current quarter, with higher-speed devices to follow in the fourth quarter.'' Anixter said the company expects that total PC processor shipments, including AMD-K6®-2, AMD Athlon, and AMD Duron processors, could approach 7 million units this quarter and 9 million units in the fourth quarter. ``We are very pleased with the excellent progress we are making as we ramp production in our newest manufacturing facility, Fab 30 in Dresden, Germany. We expect that Fab 30 will contribute significantly to sales in the second half of this year as we substantially increase the availability of 1-GHz and faster versions of the AMD Athlon processor,'' Anixter concluded.