Advanced Micro Devices Inc – ‘8-K’ for 12/30/94

As of:  Thursday, 1/19/95   ·   For:  12/30/94   ·   Accession #:  898430-95-48   ·   File #:  1-07882

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         5     15K 
 2: EX-28.1     Exhibit 28.1 to 8-K                                    2      8K 
 3: EX-28.2     Exhibit 28.2 to 8-K                                    2      8K 
 4: EX-28.3     Exhibit 28.3 to 8-K                                    3     15K 

8-K   —   Current Report
Document Table of Contents

8-K
1st Page of 5
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
SECURITIES AND EXCHANGE COMMISSION  

Washington, D.C.  20549 

FORM 8-K  

CURRENT REPORT  

Pursuant to Section 13 or 15(d) of the  
Securities Exchange Act of 1934 

Date of Report:  December 30,  1994 

ADVANCED MICRO DEVICES, INC.  
----------------------------  
(Exact name of registrant as specified in its charter)  

Delaware                         1-7882                94-1692300     
--------                         ------                ----------     
(State or other jurisdiction        (Commission             (I.R.S. Employer    
of incorporation)                   File Number)            Identification No.) 

One AMD Place                                                                   
P.O. Box 3453                                                                   
Sunnyvale, California                                         94088-3453        
---------------------                                         ----------        
(Address of principal executive office)                       (Zip Code)        

Registrant's telephone number, including area code:           (408) 732-2400    

Exhibit Index                                                                   
located on sequential page 5                                  Page 1 of  12     

8-K
2nd Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 2nd
Item 5.   Other Events                                                          
-------   ------------                                                          

On December 30, 1994, Advanced Micro Devices, Inc. (the "Company") issued a     
press release announcing that the California Supreme Court upheld an            
arbitrator's award of technology rights to the Company in a long-running legal  
battle with Intel Corporation concerning a 1982 technology exchange agreement   
between the two companies (the "AMD/Intel Technology Agreement Arbitration").   
Prior to the settlement with Intel next discussed, the press release also       
advised that Intel was expected to continue to challenge the validity of the    
award in federal court.                                                         

On January 11, 1995, the Company issued a press release announcing that it had  
reached agreement with Intel Corporation to settle all current outstanding legal
disputes (the "AMD/Intel Litigations") which include: (1) the AMD/Intel         
Technology Agreement Arbitration; (2) the '287 Microcode Litigation; (3) the    
'386 Microcode Litigation; (4) the '486 Microcode Litigation; (5) the Anti-trust
Litigation; (6) the Business Interference Litigation and (7) the ITC Action.    
The settlement agreement terms include:                                         

1.   AMD will have a perpetual license to the microcode in the Intel  
386(TM) and Intel 486(TM) microprocessors.                  

2.   AMD agrees that it has no right to copy any other Intel microcode
     including the Pentium(TM) Processor, P6 microcode and 486 ICE (in
circuit emulation) microcode.                               

   3.   The companies will negotiate a new patent cross-license agreement to
become effective 1/1/96.                                    

    4.   Intel will receive $58 million as settlement for past damages related
          to the ICE module of the '486 Microcode Litigation case. As ordered in
      the 1992 arbitration between the two companies, Intel will pay AMD
          approximately $18 million in damages (which includes interest) awarded
     by the arbitrator for breach of contract and will not contest the
         rights granted AMD in the AMD/Intel Technology Agreement Arbitration.
    The damages amount of $18 million was previously recorded by the
Company in the third quarter of 1994.                       

    5.   Intel and AMD will drop all cases including appeals currently pending
in the courts.                                              

6.   AMD will have the right to use foundries for Am486(R) products   
          containing Intel microcode for up to 20 percent of its 486 production.

   7.   AMD and its customers will get a license for Intel's "Crawford '338"
patent, covering memory management.                         

8.   The two companies agree not to initiate legal action against one 
another for any activity occurring prior to January 6, 1995.

2 

8-K
3rd Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 3rd
On January 12 , 1995, the Company issued a press release announcing that it had 
restated its 1994 financial results as a result of the settlement of the        
AMD/Intel litigations, specifically the agreement to pay Intel $58 million for  
past damages in the ICE module of the 486 Microcode Litigation.  Thus, the      
Company recorded a $58 million charge in its fourth quarter of 1994 and revised 
its previously released 1994 results.  Net income for the quarter and the year  
end was reduced by $35,877,000 from the originally reported amounts because of  
the tax benefit of the settlement and an accrual made for the AMD/Intel         
Litigations previously recorded in the fourth quarter.                          

Currently, assuming the Intel settlement is fully consummated, the Company does 
not anticipate that the AMD/Intel Litigations or the foregoing settlement will  
have a material adverse impact on the Company's financial condition or results  
of operations for fiscal year 1995.                                             

3 

8-K
4th Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 4th
SIGNATURES  
----------  

Pursuant to the requirements of the Securities Exchange Act of 1934, the        
registrant has duly caused this report to be signed on its behalf by the        
undersigned hereunto duly authorized.                                           

                       ADVANCED MICRO DEVICES, INC
            (Registrant)

Date:  January 19,  1995              By:   /s/ Larry R. Carter                 
                                  ----------------------------
                     Larry R. Carter

4 

8-K
Last Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 5th
Exhibit Index 
------------- 

                                                                [Download Table]

                                                                      Sequential
                                                                      Page No.  
                                                                      --------  

                                                                                
28.1      Press Release dated December 30, 1994 announcing that            6    
          the California Supreme Court upheld the arbitrator's                  
          award in the AMD/Intel Technology Agreement Arbitration.              

28.2      Press Release dated January 11, 1995 announcing that             8    
          the Company and Intel Corporation settled AMD/Intel                   
          Litigations.                                                          

28.3      Press Release dated January 12, 1995 announcing that            10    
          the Company restated its 1994 financial results as a                  
          consequence of the settlement of the AMD/Intel Litigations.           

Dates Referenced Herein

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		1/19/95		4					None on these Dates
		1/12/95		5
		1/11/95		2		5
		1/6/95		2
For Period End:		12/30/94		1		5
									List all Filings