Advanced Micro Devices Inc chief Jerry Sanders is not at all phased by Intel Corp’s excoriation and he told the conference his company was off to a good start for another year of record revenues, with a target of $1,650m in 1993, $2,000m in 1994 and $3,000m by 1997, and expects to ship 4m Am486 chips in 1994 for a 15% market share. The shipment estimates may prove to be conservative and production levels will depend on how much manufacturing capacity can be brought on stream, he said. Advanced Micro will have a fifth generation microprocessor on the market in 1995, and other areas were also performing well, with strong sales in non-volatile Flash memory products, where he expected revenues to jump to $200m in 1993 from $45m in 1992. The opportunity in Flash memory is spectacular, Sanders said.
