AMD, SEC Reach Settlement.SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 30, 1996--AMD has entered into an agreement with the Securities and Exchange Commission settling proceedings relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc an investigation of the company's public disclosures in 1992 and 1993 concerning the development of microcode A set of elementary instructions in a complex instruction set computer (CISC). The microcode resides in a separate high-speed memory and functions as a translation layer between the machine instructions and the circuit level of the computer. for Am486 microprocessors. Without admitting or denying the findings of the SEC concerning the company's disclosures, AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. has consented to entry of a cease and desist order An order issued by an Administrative Agency or a court proscribing a person or a business entity from continuing a particular course of conduct. The force and effect of a cease and desist order are similar to those of an Injunction issued by a court. barring the company from committing future violations of SEC rules and regulations governing official company reports and disclosure of material information. No fines were imposed, and only the company was named as the subject of the order. -0- NOTE TO EDITORS: AMD, the AMD logo and combinations thereof are trademarks of Advanced Micro Devices, Inc. Am486 is a registered trademark of Advanced Micro Devices, Inc. CONTACT: AMD John Greenagel, 408/749-3310 (Product PR) Toni Beckham, 408/749-3127 (Investor Relations Investor relations The process by which the corporation communicates with its investors. ) |
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