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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Windsock who wrote (86270)	1/10/2000 1:19:00 AM
From: tejek	Respond to of 1571414

Once again you are confused, your charts date back to another century....you need to get a little more current!!

To: Windsock who wrote (86270)	1/10/2000 2:59:00 AM
From: tejek	Read Replies (1) \| Respond to of 1571414

Advanced Micro Gets Gateway Business After Intel Supply Problem Advanced Micro Gets Gateway Business After Intel Supply Problem Sunnyvale, California, Jan. 10 (Bloomberg) -- Advanced Micro Devices Inc. said Gateway Inc. is buying AMD's top-of-the-line Athlon microprocessors for its personal computers after a shortage of Intel Corp. chips hurt Gateway's sales. Gateway PCs using Athlon chips are available now, AMD said. The Athlon is a new chip that AMD is counting on to stem losses and remain in business after a decades-long battle with Intel, the world's biggest maker of PC microprocessors. The announcement comes less than a week after Gateway, the No. 2 direct seller of PCs, warned that it won't meet fourth- quarter earnings forecasts because it couldn't get enough chips from Intel. Gateway is one of the biggest customers for Athlon, along with Compaq Computer Corp. and International Business Machines Corp. ``AMD is extremely pleased that a world-class PC manufacturer like Gateway has adopted the AMD Athlon processor,' Rob Herb, AMD senior vice president of sales and marketing, said in a statement about the agreement. Many analysts and investors expected the move because Gateway said in its profit warning Wednesday that it would take steps to ensure that its supply problems don't recur. AMD and Via Technologies Inc. of Taiwan are the only two large producers of Intel-compatible microprocessors. National Semiconductor Corp., a maker of chips for communications equipment, sold most of its microprocessor business to Via in September after losing millions trying to compete with Intel. The supply of Intel chips ``was severely constrained, spotty and unreliable,' particularly for PCs costing $999 to $1,299, Gateway said last week. The shortages resulted in $200 million to $250 million in lost revenue, the San Diego-based company said. AMD last week said it's shipping Athlon chips running at 800 megahertz, up from 750 megahertz and matching Intel's fastest Pentium. The two companies, now both at 800MHz, had been leapfrogging each other in the race for the fastest chip. Shares of Sunnyvale, California-based AMD rose 1/2 to 32 1/2 on Friday. They're up 75 percent in the last three months. Gateway rose 2 5/8 to 61 5/8. AMD said Pionex Technologies, a closely held PC maker in Somerset, New Jersey, also agreed to use Athlon processors. Pionex plans to use Athlons in machines sold to corporations, a market that AMD has been trying to crack. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min. Access More Information and Services Above ¸2000 Bloomberg L.P. All rights reserved. Terms of Service, Privacy Policy