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Challenging Intel

Trying to seize a rare moment of Intel vulnerability, IBM, AMD, and Cyrix are all racing to stay ahead with low-cost processors.

Trying to seize a rare moment of vulnerability, IBM, AMD, and Cyrix are all racing to stay ahead of Intel in the low-cost chip market through partnerships and new technologies. And Wall Street seems to be cheering them on.

IBM investing big in AMD
Advanced Micro Devices is apparently receiving a major investment from IBM and may get a new CEO to replace Jerry Sanders, analysts say.

Cyrix chip aimed at PCs under $500
National Semiconductor's Cyrix subsidiary is developing a complete system on a chip for computers less than $500 due next year.

Intel rivals gain on Wall Street
AMD and National Semiconductor see their stock jump as investors view them as well positioned against Intel in the low-cost chip market.