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Politics : Formerly About Advanced Micro Devices
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To: Duncan Baird who started this subject7/30/2000 8:11:35 PM
From: tejek   of 1575700
 
<font color=red> The news is out formally.....

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Intel Unveils Faster Pentium IIIs, Beating Rival Advanced Micro


Santa Clara, California, July 30 (Bloomberg) -- Intel Corp., the world's biggest semiconductor maker, unveiled faster Pentium III computer chips, regaining bragging rights to the speediest processor from rival Advanced Micro Devices Inc.

Intel released a 1.13-gigahertz Pentium III that sells for $990 each in quantities of 1,000. Its previous fastest Pentium III ran at 1GHz.

The Santa Clara, California-based company has played catch-up since Advanced Micro introduced an 850-megahertz chip in February and won at the 1GHz mark a month later. The new Pentium III is available only in limited quantities now.

At 1.13 GHz, 1.13 billion electrical pulses go through the new chip every second. The more pulses, the faster a chip can perform tasks.

Intel shares fell 7 7/8 to 129 1/8 Friday. They've gained 57 percent this year. Advanced Micro rose 1 to 71 and has more than doubled in 2000.

Jul/30/2000 14:01 ET

For more stories from Bloomberg News, click here.

(C) Copyright 2000 Bloomberg L.P.

Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News.
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