Intel's rivals pose greater challenge by offering faster and better chips

Article Abstract:

The competitors of Intel Corp. are expected to reveal the details of new chips that utilize the same software that Intel's chips use. Analysts are predicting that some of the new chips will rival the products that have made Intel a leader in chip performance. Advanced Micro Devices Inc. (AMD) has developed a K7 chip that will be introduced in the first half of 1999. At speeds higher than 500 megahertz, the chip almost matches Intel's expected top chip speeds.

Comment:

Developed K7 chip that will be introduced in the first half of 1999; chip expected to match speeds of top Intel chips

Semiconductor Devices, Semiconductor and Related Device Manufacturing, Marketing procedures, Product introduction, New Products/Services, Intel Corp., Advanced Micro Devices Inc.

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Initial offering of MIPS gets tepid greeting

Article Abstract:

MIPS Technologies Inc. was given a moderate response to its initial public offering. MIPS is a spinoff company from Silicon Graphics Inc. The company designs computer chips. It issued 5.5 million shares priced at $14 per share. MIPS raised up to $16.3 million after underwriting fees for itself. The IPO raised $66 million for Silicon Graphics. Analysts believe that investors may have been concerned about MIPS' past losses as a Silicon Graphics' spinoff.

Comment:

Given a moderate response to its initial public offering

Electronic Computer Manufacturing, Computers & Auxiliary Equip, Organizational history, MIPS Computer Systems Inc.

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