Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: greg s who wrote (149129)	8/6/2002 3:28:03 PM
From: tejek	Read Replies (1) of 1575175

AMD's new chip can help it gain on Intel--Barron's NEW YORK, Aug 4 (Reuters) - Advanced Micro Devices Inc. <AMD.N> is hailed as having the "next big thing" with its upcoming eighth-generation microprocessor, and this could make the depressed stock a long-term winner, Barron's said. The Aug. 5 edition of the Wall Street financial weekly cites Fred Hick, publisher of the newsletter High-Tech Strategist, as saying AMD's next line of microprocessors, code-named Hammer, can give AMD a multiyear lead on arch-rival Intel Corp. <INTC.O>. AMD's edge could lie in the move by Intel to make its Itanium chips work only with advanced software that capitalizes on its high-speed features, the article said. By contrast, AMD's Hammer PC chips are compatible both with hundreds of thousands of existing software programs as well as new ones. AMD is set to release its first Hammer chips during the current third-quarter and a "backward compatible" version to run powerful computers known as servers is due out in the first half of 2003, the article said. This could lead AMD to gain back ground over the next three to four years that it has lost to Intel. With AMD's stock at $7.31 and market capitalization around $2.5 billion (compared with Intel's $110 billion), "AMD might just regain the exalted investment status it enjoyed in the giddy days of 2000," Barron's said. 08/04/02 14:50 ET Copyright 2002 Reuters Limited.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next