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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 203.14-0.8%Jan 9 9:30 AM EST

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From: grimes5/17/2006 12:12:28 AM
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AMD launches dual-core chip for laptops
Wed May 17, 2006 12:01 AM ET

SAN FRANCISCO, May 16 (Reuters) - Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) on Tuesday unveiled a dual-core microchip for laptop computers, giving the company an answer to similar mobile products from larger rival Intel Corp. (INTC.O: Quote, Profile, Research).

AMD hopes the dual-core chip will help it gain more market share from Intel, which unveiled a dual-core mobile processor late last year.
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AMD was first to start selling dual-core chips for desktop computers and the server machines that run corporate networks, and their better performance and energy-efficiency helped the company grab share from Intel in those markets.

However, the company has lagged Intel in introducing them for notebook computers that are the fastest-growing segment of the computer market.

AMD says its laptop chips go one better by being able to process data in chunks of 64 bits, double that of Intel's chips. The 64-bit technology makes it easier to handle tasks with a lot of data, such as video editing or calculating huge spreadsheets.

"This is advanced mobile technology for the office or home, packing dual-core processing for extreme multi-tasking, 64-bit computing (and) extended battery life," Chris Cloran, vice president of AMD's mobile division, said in a statement.

The line of laptop chips will be known as the Turion 64 X2, will come in four models and range in price from $184 to $354 each in quantities of 1,000.

Reflecting the share gains and strong product line-up, AMD shares have doubled over the past year, while Intel's have fallen 25 percent over the same period.
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