Intel Won't Feel The Heat From This FusionRobert D. Hof
Can anything slow down Intel? Jerry Sanders hopes his latest deal will finally do the trick. On Oct. 20, the chairman of Advanced Micro Devices Inc. (AMD)--Intel's chief competitor--announced a surprise deal to buy tiny rival NexGen Inc. for about $900 million in stock. The big prize: a coming NexGen chip that, for the first time, could rival the latest of Intel Corp.'s microprocessors, the silicon brains of most personal computers. Crows Sanders: "This will be the closest we have ever been to Intel."
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