The announcement comes as investors and analysts are keen to see how No. 2 chipmaker AMD, which has grabbed market share from Intel over the past year, will respond to a new line-up of chips being rolled out by its far larger rival.

The laptop chip showcased by AMD executives at the company's technology day on Thursday is based on a new design that will help improve laptop battery life. The company expects to make the chip available in the middle of 2007.

Click here to Read the Full Article