Monday, September 10, 2007

AMD to Launch New 4-Core Server Chip

Advanced Micro Devices Inc. launched its highly publicized new server chip Monday, delivering the biggest jolt to its product lineup in four years.

The company's redesigned Opteron processor is the first from AMD to feature four computing engines on a single chip instead of just one or two.

AMD's belated entry into the "quad-core" market is a critical element in the financially strapped company's offensive against Intel Corp., the world's largest semiconductor company, whose market value of $148 billion makes it 21 times bigger than AMD.

Intel has outspent its smaller rival on new technologies and better absorbed the pain of a brutal price battle that has led to embarrassing market-share losses AMD hopes its new chip will reverse.

Also Monday, Intel raised its third-quarter revenue outlook on stronger-than expected demand for its microprocessors. The company now expects revenue between $9.4 billion and $9.8 billion, up from its previous range of $9 billion to $9.6 billion.

Source: http://ap.google.com

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