AMD Celebrates 10 Years of Innovation in Dresden

Today in Dresden, Germany, AMD (NYSE:AMD) commemorated the 10-year
anniversary of its Dresden-based operations with a ceremony attended
by German Chancellor Dr. Angela Merkel and an employee celebration.
Joining the Chancellor was Governor of Saxony, Professor Georg
Milbradt, AMD chairman and CEO, Hector Ruiz and general manager of AMD
Dresden, Hans Deppe. On October 24, 1996 AMD broke ground for its
first Dresden based microprocessor production facility, Fab 30,
initiating ten years of continuous technology innovation and launching
a unique German-American success story.

"AMD's success rests in large part on our ability to manufacture
and deliver innovative products in volume," said Hector Ruiz, chairman
and CEO of AMD. "Thanks to tremendous government support and our great
Dresden employees, Fab 30 and Fab 36 have unmatched reputations for
delivering the solutions our customers need. Technology leadership and
a fair and competitive business environment will enable AMD Dresden to
continue to grow and set new standards of operational efficiency."

During the last decade, AMD's Fab 30 has developed a reputation as
one of the semiconductor industry's most efficient manufacturing
facilities. AMD extended this facility several times to increase
capacity, and invested further in two Dresden-based joint ventures:
the Advanced Mask Technology Center and the Center for Nanoelectronic
Technologies. In October 2005, AMD significantly expanded its presence
in Dresden by bringing online Fab 36, a state-of-the art 300mm wafer
production facility. In May 2006, AMD announced the planned 300mm
transformation of Fab 30 to Fab 38. By the end of 2008, AMD Dresden
will have two leading edge 300mm production facilities with the
capability of delivering up to 45,000 wafers per month.

"AMD's presence has significantly contributed to the region of
Saxony becoming the creative hotbed for the semiconductor industry in
Europe," said Professor Georg Milbradt, Governor of the Free State of
Saxony. "I would like to cordially congratulate AMD and its employees
on ten successful years in Dresden. We look forward to continuing our
strong partnership with AMD in the future."

Over the last ten years AMD Dresden has seen its employee
population grow dramatically. In 1996, the company planned to have
1,400 employees once fully staffed. In August 2006, AMD Dresden
welcomed its 3,000th employee. It is expected that AMD Dresden is
responsible for more than 8,000 direct and indirect jobs in the Free
State of Saxony and the surrounding regions. As one of the largest
private investors in Germany, AMD's presence has been instrumental in
establishing Dresden as a thriving center for semiconductor innovation
in the European Union.

AMD's Dresden-based operations have pioneered the use of
innovative new manufacturing technologies and processes including
Automated Precision Manufacturing (APM), lean methodologies, copper
interconnects and Silicon on Insulator (SOI) technology. Currently,
AMD is successfully ramping 65nm process technology in Fab 36, and
revenue shipments remain on track for the fourth quarter of 2006.

About AMD

Advanced Micro Devices (NYSE:AMD) is a leading global provider of
innovative microprocessor solutions for computing, communications and
consumer electronics markets. Founded in 1969, AMD is dedicated to
delivering superior computing solutions based on customer needs that
empower users worldwide. For more information visit www.amd.com.

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