AMD Begins First Revenue Shipments of AMD64 Products Manufactured at Chartered; Delivering on Its Customer-Centric Strategy of Flex Capacity, AMD Starts On-Plan, On-Time Startup of Volume Production at Chartered

AMD (NYSE: AMD) announced that in June it began its
first revenue shipments of AMD64 processors manufactured at Chartered
Semiconductor Manufacturing in Singapore. AMD and Chartered ramped
300mm production at Fab 7 in record time, hitting all major milestones
and starting production at mature yields. Initial shipments out of
Chartered consisted of microprocessors manufactured on 90nm process
technology. The ramp of volume production at Chartered combined with
recent announcements in Dresden shows that AMD will have the ability
to intelligently scale and flex production in line with customer
demand.
"We selected Chartered to augment our production because of a
shared philosophy of flexibility and agility in manufacturing," said
Daryl Ostrander, senior vice president, logic technology at AMD.
"Through successful integration of select advanced process control
modules we've enabled an on-time start-up with the same standards of
quality, efficiency and responsiveness that AMD customers have come to
expect from our manufacturing operations."
AMD and Chartered originally announced a manufacturing agreement
in late 2004 which called for volume production of AMD64 products in
the second half of 2006. With this announcement, AMD has once again
demonstrated a track-record of flawless execution and on-time delivery
in manufacturing to provide additional flex capacity for its
customers. AMD will continue to enhance operations at Chartered with a
planned transition to 65nm process technology in mid-2007.
"Achieving mature yields on-plan and ahead of schedule for 90nm
volume production in support of AMD's expanding market opportunity
have been our collective goals since we initiated our manufacturing
collaboration in 2004, and we are equally proud of these results,"
said Kay Chai "KC" Ang, senior vice president of fab operations at
Chartered. "Our close working relationship with AMD has not only
enhanced our ability to meet and exceed its aggressive manufacturing
requirements, but has provided pass-through benefits resulting from
our implementation of Automated Precision Manufacturing know-how from
AMD."
"Through a flexible, collaborative approach and the power of
Automated Precision Manufacturing, AMD and Chartered have attained
rapid production ramp on AMD64 products with mature yields," said
Preston Snuggs, vice president of manufacturing systems at AMD.
"Through a continued customer-centric approach to manufacturing, we
now have increased flexibility in dynamically adjusting capacity to
meet customer demand."

About AMD

AMD (NYSE:AMD) designs and produces innovative microprocessors,
and low-power processor solutions for the computer, communications and
consumer electronics industries. AMD is dedicated to helping its
customers deliver standards-based, customer-focused solutions for
technology users, ranging from enterprises and governments to
individual consumers. For more information, visit www.amd.com.

About Chartered

Chartered Semiconductor Manufacturing (Nasdaq: CHRT) (SGX-ST:
CHARTERED), one of the world's top dedicated semiconductor foundries,
offers leading-edge technologies down to 65 nanometer (nm), enabling
today's system-on-chip designs. The company further serves the needs
of customers through its collaborative, joint development approach on
a technology roadmap that extends to 45nm. Chartered's strategy is
based on open and comprehensive design enablement solutions,
manufacturing enhancement methodologies, and a commitment to flexible
sourcing. In Singapore, the company operates a 300mm fabrication
facility and four 200mm facilities. Information about Chartered can be
found at http://www.charteredsemi.com.

Cautionary Statement

This release contains forward-looking statements concerning
planned product and technology introduction schedules for AMD, which
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. AMD investors are cautioned
that forward-looking statements in this release involve risks and
uncertainties that could cause actual results to differ materially
from AMD's current expectations. Risks that the AMD considers to be
the important factors that could cause actual results to differ
materially from those set forth in the forward-looking statements
include the possibility that: Customer demand may exceed the flex
capacity of Chartered; and the transition to 65nm may occur later than
mid-2007.

AMD urges its investors to review in detail the risks and
uncertainties in AMD's Securities and Exchange Commission filings,
including but not limited to the Annual Report on Form 10-K for the
year ended December 25, 2005, and the Quarterly Report on Form 10-Q
for the quarter ended March 26, 2006.

AMD, the AMD Arrow logo, AMD64, and combinations thereof are
trademarks of Advanced Micro Devices, Inc. Other names are for
informational purposes only and may be trademarks of their respective
owners.