Intel Corp (INTC)

[techno_bull]

uh oh...AMD has an advanced microchip system?

after Stifel Nicolaus & Co. analyst Cody Acree said in a note to investors that there were encouraging signs of growth.

He said he recently learned that AMD is working with chip maker Taiwan Semiconductor Manufacturing Co. in test production of desktop processors that use an advanced microchip system.

He noted delays in production for other AMD chip lines but said he had confidence that AMD would improve performance and volumes.

http://biz.yahoo.com/ap/071210/semiconductors_sector_snap.html?.v=2