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Politics : Formerly About Advanced Micro Devices

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To: TGPTNDR who wrote (47862)1/29/1999 7:40:00 PM
From: Bruce A. Thompson  Read Replies (4) of 1570917
 
||||||| MORE AMD||||||||


February 27, 1998 4:18 AM PT



AMD nabs IBM chip deal


By Charles Cooper, ZDNN



Advanced Micro Devices Inc., looking to resolve a nagging production logjam, Friday announced that IBM will help it manufacture K6 microprocessors.

Under terms of the two-year deal, IBM (IBM) will make AMD's K6, a low-priced competitor to Intel Corp.'s (INTC) Pentium II processor line. The deal comes as AMD (AMD) continues to struggle to increase supply amid strong demand for the K6 even after investing heavily in a new plant in Austin, Texas.

Last month, the company dropped plans to appear at a series of conferences hosted by Wall Street investment houses and planned to avoid such forums until it could meaningfully respond to questions related to the transition to 0.25 production of the microprocessor.



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