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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: milo_morai who wrote (106412)	7/31/2000 12:48:21 PM
From: steve harris	Read Replies (2) \| Respond to of 186894

milo, dailynews.yahoo.com Technology News - updated 11:58 AM ET Jul 31 Monday July 31 11:54 AM ET Intel Unveils 1.13 Gigahertz Chip By CLIFF EDWARDS, AP Technology Writer SANTA CLARA, Calif. (AP) - Intel Corp. (NasdaqNM:INTC - news) on Monday introduced a Pentium III processor running faster than one gigahertz, beating rival Advanced Micro Devices Inc. (NYSE:AMD - news) to the punch for bragging rights to the speediest computer chip on the market. AMD earlier this year beat Intel to the market by a few days with the first chip to run at one gigahertz, and plans to begin shipping a 1.1 gigahertz chip on Aug. 28. Processors are the ``brains'' of personal computers. One measure of their performance is the ``clock speed,'' measured in hertz, or cycles per second. Intel's new Pentium runs at 1.13 gigahertz, or 1.13 billion cycles per second. Intel and other chipmakers, who typically get much of their profits from such high-end chips, have accelerated the introduction of faster chips because of breakthrough manufacturing technologies. Much of the existing software on the market today requires far less processing power than the fastest chips provide, although the new chips demonstrably speed up games and graphics. The new 1.13 gigahertz chip is priced at $990 when shipping in units of 1,000 to computer manufacturers, although Intel noted it will be available only in limited quantities. Because of production problems, Intel has made few of the gigahertz chips it introduced earlier this year. Santa Clara, Calif.-based Intel later this year will begin shipping a Pentium 4 chip that initially runs at 1.4 gigahertz, while AMD will begin shipping its first Athlon processors for notebook computers. -