AMD, Intel release faster chips, cut prices

eWeek | at | by Mike

The world's two largest PC chip makers are revving up their product lines with new, faster chips and cutting prices on existing processors as their long-running rivalry heats up at the end of summer.

Advanced Micro Devices Inc. today made the first move, releasing two faster versions of its flagship PC processor, the Athlon XP 2600+ and 2400+. The chips, priced at $297 and $193, respectively, in 1,000-unit quantities, supplant the Athlon XP 2200+ as the top-performing processors for the Sunnyvale, Calif., company.

Intel Corp., based in Santa Clara, Calif., is expected to fire back by releasing a 2.8GHz Pentium 4 processor on Sunday, weeks ahead of its original schedule. The new chip will be priced at $637 in 1,000-unit quantities, according to sources close to the company.