Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  ARENAS GUSTAVO
2. Date of Event Requiring Statement (Month/Day/Year)
07/31/2008
3. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [AMD]
(Last)
(First)
(Middle)
ADVANCED MICRO DEVICES, INC., ONE AMD PLACE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
SR VP Sales
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SUNNYVALE, CA 94088-3453
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 17,206.3729
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option Grant   (1) 09/04/2013 Common Stock 9,000 $ 11.7 D  
Stock Option Grant   (2) 04/30/2011 Common Stock 5,000 $ 14.22 D  
Stock Option Grant   (2) 07/28/2011 Common Stock 2,917 $ 11.33 D  
Stock Option Grant   (3) 10/25/2011 Common Stock 5,000 $ 15.5 D  
Stock Option Grant   (3) 02/03/2012 Common Stock 5,000 $ 16.66 D  
Stock Option Grant   (4) 04/28/2012 Common Stock 4,500 $ 14.16 D  
Stock Option Grant   (4) 07/27/2012 Common Stock 4,500 $ 20.1 D  
Stock Option Grant   (4) 10/25/2012 Common Stock 4,500 $ 22.35 D  
Stock Option Grant   (4) 02/09/2013 Common Stock 2,250 $ 40.06 D  
Restricted Stock Award   (5) 02/09/2013 Common Stock 180 $ 0 D  
Stock Option Grant   (6) 05/04/2013 Common Stock 3,125 $ 33.95 D  
Restricted Stock Award   (7) 05/04/2013 Common Stock 625 $ 0 D  
Stock Option Grant   (6) 07/27/2013 Common Stock 3,125 $ 18.06 D  
Restricted Stock Award   (8) 07/27/2013 Common Stock 625 $ 0 D  
Stock Option Grant   (6) 10/25/2013 Common Stock 3,125 $ 20.83 D  
Restricted Stock Award   (8) 10/25/2013 Common Stock 625 $ 0 D  
Stock Option Grant   (6) 02/15/2014 Common Stock 3,125 $ 14.83 D  
Restricted Stock Award   (8) 02/15/2014 Common Stock 625 $ 0 D  
Stock Option Grant   (11) 05/15/2014 Common Stock 3,575 $ 15.4 D  
Restricted Stock Award   (9) 05/15/2014 Common Stock 5,720 $ 0 D  
Stock Option Grant   (11) 08/15/2014 Common Stock 3,575 $ 11.95 D  
Stock Option Grant   (12) 11/15/2014 Common Stock 15,000 $ 12.7 D  
Stock Option Grant   (11) 11/15/2014 Common Stock 3,575 $ 12.7 D  
Restricted Stock Award   (10) 11/15/2014 Common Stock 6,000 $ 0 D  
Stock Option Grant   (11) 02/15/2015 Common Stock 3,575 $ 6.45 D  
Restricted Stock Award   (13) 06/15/2015 Common Stock 50,000 $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ARENAS GUSTAVO
ADVANCED MICRO DEVICES, INC.
ONE AMD PLACE
SUNNYVALE, CA 94088-3453
      SR VP Sales

Signatures

Faina Medzonsky By Power of Attorney 08/11/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option is 100% vested.
(2) This option is 100% vested.
(3) This option is 100% vested.
(4) This option vested 25% on 4/28/2006 then vests monthly through 4/28/2009.
(5) This award vesed 33 1/3% on 8/9/2006 then vests quarterly for the next 10 quarters.
(6) This option vested 33 1/3% on 5/4/2007 then vests monthly through 5/4/2009.
(7) This award vested 25% on 5/22/2007 then vests quarterly for the next 12 quarters.
(8) This award vested 25% on 5/9/2007 then vests quarterly for the next 12 quarters.
(9) This award vested 33 1/3% on 8/9/2008 then vests 33 1/3% annually for the next two years.
(10) This award vested 33 1/3% on 2/9/2009 then vests 33 1/3% annually for the next two years.
(11) This option vested 33 1/3% on 5/15/2008 then vests quarterly for the next two years.
(12) This option vested 33 1/3% on 11/15/2008 then vests quarterly for the next two years.
(13) This award vests 100% on 6/15/2009, subject to performance milestones.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.