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AMD Enters Into Microprocessor Foundry Agreement with IBM Corporation

AMD Enters Into Microprocessor Foundry Agreement with IBM Corporation

SUNNYVALE,CA -- February 27, 1998 --AMD today announced that it has signed a two-year foundry agreement with International Business Machines Corporation. The agreement will somewhat augment AMD's capacity from Fab 25 in Austin, Texas, for the production of AMD-K6® processors. 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.


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