Advanced Micro Devices, 

Inc.

 (NYSE:AMD) today announced that it intends to 

offer

 $600,000,000 in 

principal amount

 of Senior 

Note

 due 2012 pursuant to Rule 144A and Regulation S under the 

Securities Act of 1933

, as amended.

AMD intends to use the 

net

 proceeds generated from the 

offering

, together with existing 

cash

, to prepay the 

full

 amount owed by the company's indirect wholly-owned German 

subsidiary

, AMD Saxony 

Limited Liability Company

 & Co. KG, under 

its

 existing 

term loan

.

The 

Note

 will not be registered under the Securities Act, or any state securities laws and may not be offered or sold in the United States absent 

registration

 or an applicable 

exemption

 from 

registration

 requirements. This press release shall not constitute an 

offer

 to 

sell

 or the solicitation of an 

offer

 to 

buy

 these securities, nor shall there be any sale of these securities in any 

jurisdiction

 in which such 

offer

, solicitation or sale would be unlawful.

This release contains forward-looking statements, which are made pursuant to the safe harbor 

provision

 of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements in this release involve 

risk

 and uncertainty that could cause actual results to differ materially from current expectations.