AMD Updates First Quarter Outlook SUNNYVALE, Calif. – April 7, 2008 – AMD (NYSE: AMD) today announced that it expects revenue for the first quarter ended March 29, 2008 to be approximately $1.5 billion, a 22 percent increase compared to the first quarter of 2007, and down 15 percent compared to the fourth quarter of 2007.  The decrease is due to lower than expected sales across all business segments.  AMD had previously anticipated first quarter revenue to decline in line with seasonality. In addition,