Advanced Micro Devices Inc (AMD)

[KeithDust2000]

Intel Switches Its Chip Bets

Long a proponent of NOR technology, it has linked with Micron to produce NAND chips. That may give it a leg up in several markets

UNDER PRESSURE. While Intel can certainly handle the losses, the chip giant's move to NOR may be particularly worrisome to its much-smaller processors rival, AMD (AMD), which is hurrying to take its money-losing Spansion NOR memory business public (see BW Online 11/16/05, "AMD: Less of an Underdog"). Analysts on Wall Street whisper that the IPO's pricing, currently listed at $16 to $18, could come under severe pressure, as investors might hesitate to pour money into a company whose business is contracting and in the red.

http://yahoo.businessweek.com/technology/content/nov2005/tc20051122_607253.htm