AMD To Ship Six-Core Istanbul In May - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Infrastructure // PC & Servers

AMD To Ship Six-Core Istanbul In May

The chipmaker will ship its latest Opteron server chip ahead of schedule to counter Intel's quad-core Xeon processors and try to reverse its widening financial losses.

Advanced Micro Devices plans to release its six-core Opteron server chip in May, and computers using the processor are expected to hit the market in June.

The new product had been scheduled to ship later in the year, but Dirk Meyer, president and chief executive of AMD, told financial analysts during an earnings teleconference Tuesday that the company decided to "pull in" the timetable.

AMD on Wednesday is holding a news event at its Sunnyvale, Calif., headquarters to discuss its Opteron road map.

Despite reporting on Tuesday the latest in a string of quarterly losses, AMD says it remains on track with an aggressive Opteron release schedule to counter Intel's latest quad-core Xeon processors based on the chipmaker's new Nehalem microarchitecture.

AMD reported widening losses in the first quarter, ended March 31, as revenue fell 21% to $1.8 billion. The company lost $416 million, compared with $351 million in the same period a year ago.

AMD didn't offer specific guidance for the second quarter, saying only that it expected sales to fall, due in part to the economic recession that has seen businesses pull back hard on PC purchases, AMD executives said. The current PC market is being driven mostly by consumer notebook sales.

In February, AMD stockholders approved the spin-off of the chipmaker's manufacturing operations, which is expected to reduce costs by focusing AMD's efforts on designing rather than making microprocessors.

Learn more about all the latest products and technologies at TechWeb's Interop Las Vegas, May 17-21. Join us (registration required).

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
Where Cloud Spending Might Grow in 2021 and Post-Pandemic
Joao-Pierre S. Ruth, Senior Writer,  11/19/2020
The Ever-Expanding List of C-Level Technology Positions
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/10/2020
White Papers
Register for InformationWeek Newsletters
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
Flash Poll