Is AMD Falling Further Behind Intel?

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Intel (INTC) introduced several new products today. According to The Associated Press "the company’s next cycle of microprocessors, code-named Penryn, will begin shipping Nov. 12." These chips have a 20% improvement in performance coupled with a more energy efficient design.

AMD (AMD) will not have a similar product to market until the middle of 2008. As part of Intel’s announcements today, it showed the prototype of the product that will be the generation beyond what the company is shipping this year. "Those chips won’t be made for the mass market until 2009, but Intel’s first public unveiling of the technology further highlights its manufacturing lead over AMD"

AMD’s shares are down over 55% in the last year. If Intel continues to push its tech lead, that could get worse.

Douglas A. McIntyre.