SNNYVALE, California - Advanced Micro Devices Inc. said on Thursday it will offer a new chip for laptop computers and said it expects to be able to supply one-third of the market for computer microprocessors by 2008, stepping up its challenge to rival Intel Corp.'s dominance.
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.