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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Gopher Broke who wrote (45419)	6/27/2001 1:40:30 PM
From: Paul Engel	Read Replies (1) \| Respond to of 275872

Next week - 1.8 GHz Pentium 4's arrive ! biz.yahoo.com Wednesday June 27, 1:20 pm Eastern Time Intel sets date for launch of faster Pentium 4 chip NEW YORK, June 27 (Reuters) - Intel Corp., the world's largest semiconductor maker, on Wednesday set a launch date of next week for the next fastest version of its Pentium 4 microprocessor, which the company had said would be available only in the third quarter. Intel's (NasdaqNM:INTC - news) 1.6 gigahertz and 1.8 gigzhertz Pentium 4 chips will be launched next week, said executive vice president and head of worldwide sales Michael Splinter during his keynote speech at the Technology Exchange Week in New York. Santa Clara, Calif.-based Intel's fastest microprocessor -- the primary computing engine for PCs -- now runs at 1.7 gigzhertz. A company spokeswoman said that the 1.6 gigahertz Pentium 4 lets Intel and its PC maker customers offer PCs at a broader range of prices. Currently, the Pentium 4 comes in 1.3, Ghz, 1.4 Ghz, 1.5 Ghz and 1.7 Ghz speeds. The newest chips have already been shipped to PC makers and systems will begin to be announced next week, the spokeswoman said. The early availability of the latest Pentium 4 means that Intel is satisfied that the chips per wafer it's getting makes economic sense. Intel's chief rival in microprocessors, Sunnyvale, Calif.-based Advanced Micro Devices (NYSE:AMD - news) Inc., had retained the speed crown for much of last year and this year, but has since been leapfrogged by Intel. AMD's fastest Athlon processor for desktop PCs runs at 1.4 Ghz, but faster iterations are expected soon. The two companies have been engaged in a price war for the last six months in a battle for market share, at the same time that PC sales have tumbled, due largely to the slowing U.S. economy that has subsequently spread to other regions. On Monday, JPMorgan H&Q analyst Walter Winnitzki cut his firm's estimate for PC unit shipments and revenue forecasts for the third time so far this year. Now, he expects 2001 unit shipments to rise 3 percent, down from an earlier estimate of 6 percent. He forecasts 2001 PC sales in dollars to decline 7.8 percent, wider than his earlier forecast of a decline of 3.3 percent.