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

To: JDN who wrote (111107)	9/24/2000 4:40:01 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 186894

Intel to Add New Processors for Laptops as Transmeta Wins Mount By Cesca Antonelli Santa Clara, California, Sept. 24 (Bloomberg) -- Intel Corp. said it will introduce three new processors for laptops tomorrow, as the No. 1 computer-chip maker faces increasing competition from rival Transmeta Corp. in the market for low-power chips. The chips are two versions of the Pentium III and another Celeron that will be used in mobile computers from 10 companies that include Compaq Computer Corp., Gateway Inc. and Dell Computer Corp., Intel spokesman Michael Sullivan said. Computer makers including Sony Corp. have decided to use Transmeta's Crusoe chip in some systems, saying that the closely held company's low-power design helps batteries last longer. Intel and top competitor Advanced Micro Devices Inc. control more than 95 percent of the microprocessor market, but some analysts and investors have said Transmeta is gaining ground fast. Sony said this month that batteries in Vaio laptops with a Crusoe last twice as long as those in machines using Intel chips. Intel is firing back -- saying batteries in mobile PCs with its new chips last even longer. The power in International Business Machines Corp. ThinkPads lasts as long as 5 hours, 50 minutes, Santa Clara, California- based Intel said, citing Portable Computing, a computer-industry magazine. Sony has found that Vaio batteries run 5 hours with a Crusoe. Though the difference may seem small, the companies hope that bragging rights over low power consumption will provide useful marketing material. The new Pentiums run at 850 megahertz or 800MHz, and the latest Celeron operates at 700MHz, Sullivan said. One megahertz equals 1 million cycles per second. Transmeta, also based in Santa Clara, has won several endorsements recently. Fujitsu Ltd. and Hitachi Ltd. said they'll start selling notebooks with a Crusoe, while IBM, Toshiba Corp. and NEC Corp. are considering similar moves. Gateway and America Online Inc. plan to put the chips in an Internet-access device to go on sale later this year. Intel shares fell 13.55 to 47.94 on Friday after the company said third-quarter sales won't meet its target.