(Reuters) - Intel Corp. said on Thursday it plans to start shipping new processors for desktop and laptop computers in August.
Intel has been losing market share in computer processors to rival Advanced Micro Devices Inc., but analysts say Intel will likely regain the technology crown with the new chips. The company is counting on the all-new designs to halt several quarters of falling sales and profits, reports Trend.
AMD, once relegated to mimicking Intel's advances, has emerged as a nimble and innovative competitor and steadily grabbed market share with powerful and energy-efficient chips many say are superior to Intel's offerings.
Last month, Intel said it planned to start shipping a new chip for computer servers called Xeon, previously codenamed Woodcrest.
Intel will start shipping new processors for desktop computers in early August and for laptops at the end of August.