AMD Announces Estimated Sales for Second Quarter.SUNNYVALE, Calif. -- 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. (NYSE NYSE See: New York Stock Exchange :AMD) today announced that sales for the second quarter ended July 2, 2006 are expected to be approximately $1.215 billion -- a 52 percent increase compared to the second quarter of 2005(1) and a nine percent decline compared to the first quarter of 2006. The company's prior guidance for the second quarter anticipated overall sales to be flat to slightly down seasonally from the first quarter of 2006. Record AMD Opteron(TM) processor sales were driven by continued strong demand for single-, dual- and multi-socket configurations for servers and workstations. Sales of entry-level and mainstream mobile and desktop processors were down. AMD will report its second quarter 2006 results after market close on Thursday, July 20, 2006. AMD will hold a conference call on this day for the financial community at 2:30 p.m. U.S. PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del Pacífico PDT to discuss second quarter financial results. AMD will provide a real-time audio broadcast of the teleconference on the Investor Relations Investor relations The process by which the corporation communicates with its investors. page of its Web site at www.amd.com. The webcast will be available for 10 days after the conference call. About AMD Advanced Micro Devices (NYSE:AMD) is a leading global provider of innovative microprocessor solutions for computing computing - computer , communications and consumer electronics markets. Founded in 1969, AMD is dedicated to delivering superior computing solutions based on customer needs that empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems users worldwide. For more information visit www.amd.com. (1) Excluding the Memory Products segment. As a result of Spansion Inc.'s initial public offering (IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ) in December 2005, comparison of second quarter consolidated financial results to previous periods does not correlate directly. Therefore, prior quarter comparisons in this release exclude the results of the Memory Products segment. AMD and the AMD Arrow logo are trademarks of Advanced Micro Devices, Inc. Other product and company names used in this publication are for identification purposes only and may be trademarks of their respective companies. |
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