Intel Goes More After AMD Turf (INTC, AMD)
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The WSJ has reported that Intel Corp. (NASDAQ: INTC) is completing a new processor called Diamondville that is for computers of $250 and under. The size of this processor is tiny at a whopping 25 square millimeters.
We do not have any pricing plans for how much, actually how little, these new processors will cost. If this is for sub-$250 PC’s and whatever future geared down net devices we end up using then it can’t be too costly.
Advanced Micro Devices (NYSE: AMD) looks like it is being fought on all sides. AMD is one we frequently cover in our weekly "10 stocks under $10" newsletter. We noted yesterday how AmTech had laid out the possibilities of the ailing company being acquired. Depending on how aggressive Intel gets for lower-end PC’s, the value there seems to revolve more and more around the point that AMD’s only real value is that it keeps Intel from being classified as a true monopoly.
Jon C. Ogg
February 21, 2008
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
