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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 223.69+1.8%10:51 AM EST

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From: Rink6/3/2006 5:54:35 PM
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Troubled Intel Corp. has put several of its loss-ridden communications-chip businesses on the block, including its network processors, XScale chip lines and other products...

...Most recently, struggling Intel will halt future development of optical physical-layer products developed by Giga A/S, a Copenhagen company Intel acquired in 2000 for $1.25 billion.

With little or no fanfare, Intel is moving out of the embedded chip space. And there is speculation that Intel will exit or spin-off its NOR flash unit, which is also losing a ton of money.

Still to be seen, however, is what Intel will do with it bread-and-butter microprocessor business, which is losing share to rival Advanced Micro Devices Inc. One of the products in danger at Intel could be the 64-bit Itanium processor line, a chip that was late to market and has generated lackluster demand ...

See the rest at: eetimes.com (copied from ihub)

Don't know about I2, but it seems Intel has started doing a lot of the right things recently. It has some way to go still though.

Regards,

Rink
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