Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (10230)	7/8/2002 12:55:00 PM
From: Don Green	Read Replies (1) \| Respond to of 14451

Intel Adds Itanium 2 Chip for Servers in Bid to Trump Sun, IBM By Cesca Antonelli Santa Clara, California, July 8 (Bloomberg) -- Intel Corp. started selling a new Itanium microprocessor for server computers, as the world's biggest chipmaker renews its push to win sales from Sun Microsystems Inc. and International Business Machines Corp. Itanium 2 runs as fast as 1 gigahertz and costs as much as $4,226 each, spokesman Robert Manetta said. Hewlett-Packard Co., Unisys Corp. and Silicon Graphics Inc. said they'll use the chip in high-powered machines that run corporate networks and Web sites. Most computer makers use their own processors in high-end server systems because Intel chips haven't been powerful enough to handle the task. Acceptance of the first Itanium has been slow among corporate clients, and manufacturers said the updated model's performance will attract more customers. Hewlett-Packard, which helped develop Itanium, unveiled four Itanium 2-based computers. ``We're really starting to see commercial interest,'' Mark Hudson, a Hewlett-Packard marketing manager, said in an interview. ``The Itanium architecture is going to start taking off here in the second half and as we go into 2003.'' Two of the Hewlett-Packard products are workstations used for technical tasks such as computer-assisted design. There's also a small server that Hudson says is already popular with clients, and a four-chip server for bigger business applications. An Itanium 2 with less memory costs $2,247 each in 1,000-unit shipments, and a 900-megahertz version is $1,338, Manetta said. The Santa Clara, California-based company won't immediately cut the price of older models, which cost as much as $4,227, as it seeks to drive demand for the new ones, he said. Intel shares fell $1.34 to $18.20 in midday trading and have lost a third of their value in the past year. Hewlett-Packard dropped 42 cents to $15.88 and has declined 39 percent in the past 12 months.