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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.50+6.2%3:59 PM EST

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To: pgerassi who wrote (88052)9/12/2002 10:38:05 PM
From: Jim McMannisRead Replies (1) of 275872
 
Sorry guys but what Bloomberg is reporting is not as good as Kanellos.
AMD continues to dissappoint. Yjey don't seem to be able to execute anything but themselves.

Advanced Micro Delays Desktop Version of Hammer Chip (Update2)
By Cesca Antonelli

Sunnyvale, California, Sept. 12 (Bloomberg) -- Advanced Micro Devices Inc., which competes with Intel Corp. in personal-computer processors, will delay the desktop version of its Hammer chip by a few months, marketing manager John Crank said.

The company will start selling the chip late in the first quarter of next year or early in the second quarter, instead of late in the fourth quarter, he said in an interview.

Chief Executive Hector Ruiz has said he's betting the company on Hammer, a powerful new chip that will process data in 64-bit chunks twice as big as today's. The desktop version, the first model of the processor to come out, will perform at least as well as a 3-gigahertz Pentium 4 from Intel, executives have said.

Crank declined to comment on the specific reasons for the delay. There aren't any flaws in the chip, he said.

``Microprocessor design and delivery is complex,'' he said. ``We feel we need to move the product out.''

Advanced Micro's Athlon XP desktop chips that are available now are doing well enough that the company doesn't need to rush out Hammer, he said. The Sunnyvale, California-based chipmaker wouldn't have generated much revenue from Hammer this year, so the impact on business will be ``very minimal,'' he said.

The company hasn't changed plans for a Hammer model for server computers that run Internet sites, due in the first half of 2003, or a laptop version due in the middle of 2003.

The chipmaker will start selling desktop chips with a faster so-called bus that directs information into and out of the processor in the fourth quarter, he said. The bus speed will increase to 333 megahertz from 266 MHz now, he said.

That change led the company to delay another PC chip. Barton, the successor to the Athlon XP, will come in the first quarter, rather than later this year, he said
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