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Thu, Oct 11, 2001 - Page 21 News List

`Productivity has been driven by innovation'

As Advanced Micro Devices' newest chip, the Athlon XP, hits the market, AMD's chairman and CEO Jerry Sanders talks with Bloomberg as to why he is convinced the new chip can hold its own against Intel's Pentium 4, and why he doesn't see the US attacks on Afghanistan and other worldwide developments as having any impact on what he calls a `good opportunity' for the company

We are the guys that introduced the first seven generation processors. We are the guys that have introduced a number of innovations into the marketplace, including our new Athlon XP.

Our industry has always been driven by new products and innovations.

So irrespective of the world economy, people are going to want to have higher productivity to ensure they can make a, you know, gains in their individual businesses. So regardless of the world situation, there is going to be a good opportunity for AMD.

Bloomberg: Very quickly, fourth quarter, First Call has you pegged at a profit of a penny a share.

Just quickly, does that number look good at this point?

Sanders: We're not going to comment on the fourth quarter until our earnings announcement next week, so tune in.

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