Advanced Micro Devices Inc (AMD)

[pennypincher1111]

OT: got this in my email today, about MRAM, for those might be interested:

A top Cypress [CY] executive made positive comments on the
company's MRAM development earlier today on a CSFB investor
conference call on next generation memory. Ralph Schmitt,
Cypress' Executive Vice President of Sales & Marketing, said
Cypress (a NVE Corporation [NVEC] licensee) has working MRAM but
wants to improve the soft error rate. Schmitt said the company
"could easily sample today" but wants to improve the reliability
first. Schmitt said "we feel very confident that we're close to
having a production-ready product." NVE CEO Dan Baker also
joined Schmitt on the call.

Schmitt said Cypress views MRAM as "the holy grail of memory"
and revealed the company has already invested $22 million in
capital equipment that's specific to the MRAM process. Schmitt
said while battery-backed up nonvolatile memory will be MRAM's

first addressable market, the technology is "2-3 years out for
being solution in (wireless) handsets". He indicated Nokia
(a Cypress customer) is interested in using early versions
of MRAM.

Investor concern over Cypress' MRAM development has served as a
drag on NVE's stock since mid-January. We continue to rate NVEC
a Buy and think today's price represents an attractive entry
point for long-term nanotech investors.