AMD's chief executive Jerry Sanders III has fought off attempts by shareholders to topple him from the company he founded.
At a meeting in New York yesterday, AMD shareholders ruled out proposals by a large Californian pension fund that he should be replaced by an independent chairman. Officials at the Calpers fund - the largest private pension in the world - had complained that shares had not delivered the performance it had expected.
At the same meeting, Sanders affirmed he was still aggressively fighting Intel and renamed the Intel clone processor, the K6-3D, as the K6-2. This chip, particularly targeted at the games market, will be released at the end of May at a clock speed of 300MHz, and Sanders claimed it would beat the performance of Intel's current fastest processor, the Pentium II 400MHz.
The K6-2 will be launched with a 100MHz bus, but AMD claims that its bus technology will be faster than Intel's for games players because it takes advantage of hardware, rather than softer, to render complicated graphics.
According to the flamboyant CEO, AMD will ramp up production of the K6-2 in the second half of this year and will also introduce faster processors with larger numbers of transistors for floating point operations. This will also primarily benefit gamers by speeding up graphics.
In the first half of next year, Sanders said, AMD is on target to introduce its Slot A technology, using a fast Alpha bus, which the company licensed from Digital Equipment before Intel took a financial interest in that business.
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