Advanced Micro Devices (traded on NYSE under AMD), the world's second largest producer of microprocessors, has historically lagged behind the giant Intel, which commands about four-fifths of the international microchip market. After two decades of being the best-grounded and sure-footed company in Silicon Valley, Intel is having serious financial and strategic trouble. The company has called off a succession of high-profile projects, replaced its top management in money-losing ventures and is behind AMD in introducing new demanded technology including anti-virus and worm-fighting products. For what the New York Times predicts to be the most expensive holiday party of the year, Intel's engineers have, ironically, assembled a disco ball for a corporate get-together made entirely out of leftover projection-television chips as the company cancelled plans to enter the digital television market after a flamboyant introduction just ten months prior. After suffering from a 25 percent......

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Title: Amd: The Quest To Become The Next Intel
Approximate Word Count: 1173
Approximate Pages: 5 (250 words per double-spaced page)

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