AMD unveils fast chip to challenge Intel
Article Abstract:
AMD is introducing its K6 microprocessor, which offers speeds close to those of Intel's Pentium II for a price at least 25% less than those of the semiconductor giant. AMD is posing the first real challenge to Intel since the 1980s. In 1997, 84% of all computers are based on Intel chips. Intel will most likely not stumble in its path to the world's highest profitability, but AMD could stand to make a fortune if the K6 is successful, and consumers will benefit if the chip makers begin a price war. AMD could reach revenues of $2.8 billion in 1997 and $4.4 billion in 1998. As of Apr 1997 its stocks are at an all-time high. AMD's pivotal 1995 acquisition of unknown chip maker Nexgen, just after $1 billion in losses with the K5 chip, brought it a devoted design team, including Intel veteran Vinod Dham, a developer of the Pentium chip. AMD's new chip is 20% smaller than the Pentium II, and thus is significantly less expensive to manufacture.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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Intel to report it is shipping its newest chip
Article Abstract:
Intel Corp is expected to announce that it has begun shipping the company's powerful new Pentium microprocessor. Reportedly, the list prices will be relatively low for new chips: as little as $850 each in 1,000-piece lots for the 60-MHz version, and $995 apiece for the 66-MHz version. The first computers based on the Pentium, expected to debut in May 1993, will list for as little as $4,500, or about half the list price of the first Intel 486-based machines, which debuted in 1989. A typical mail-order 486 today sells for about $3,000. Low-cost Pentium-based machines will cause a new round of price cuts among microcomputer makers and hasten the acceptance of the Pentium as a new standard. Intel has already begun work on the Pentium's successor, the P-6.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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