During the second quarter of 2008, Advanced Micro Devices, Inc. (the "Company") decided to divest its Handheld and Digital Television businesses. The Company is filing this Current Report on Form 8-K to update Items 7 ("Management's Discussion and Analysis of Financial Condition and Results of Operations") and 8 ("Financial Statements and Supplementary Data") of the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2007 to reflect the reclassification of the assets and liabilities related to its Digital Television and Handheld businesses as discontinued operations for the fiscal years ended December 29, 2007 and December 31, 2006 in accordance with the provisions of Financial Accounting Standards Board Statement No. 144, Accounting for the Impairment or Disposal of Long-lived Assets. This filing is being made in connection with the requirements for the Company's proxy statement for the Company's upcoming Special Meeting of Stockholders (the "Proxy Statement").

Management's Discussion and Analysis of Financial Condition and Results of Operations and Financial Statements and Supplementary Data as of December 29, 2007 and for each of the periods reflected therein are included in this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference. This Current Report on Form 8-K should be read in conjunction with the portions of the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2007 that have not been updated herein.

During the fourth quarter of 2008, the Company determined that, based on the ongoing negotiations related to the divestiture of its Handheld business unit, the discontinued operations classification criteria for this business unit were no longer met. As a result, the Company intends to reclassify the operating results of this business unit back to continuing operations in its Annual Report on Form 10-K for the fiscal year ended December 27, 2008.

(d) Exhibits.

Exhibit No.     Description
23.1            Consent of Independent Registered Public Accounting Firm.

99.1            Management's Discussion and Analysis of Financial Condition and Results
                of Operations and Financial Statements and Supplementary Data as of
                December 29, 2007 and December 31, 2006 and for each of the three years
                in the period ended December 29, 2007.

99.2            Consent of Independent Registered Public Accounting Firm.