AMD chips to be in many more computers this summer

Advanced Micro Devices Inc may make some of its largest inroads into the fast-growing laptop computer market thanks to a new generation of power-efficient chips to be unveiled next week. 
 

People familiar with the matter who work for AMD said the company's latest microprocessors are expected to be included in 109 mainstream laptop models in the coming months, the company's best showing during the crucial back-to-school sales season. Last year, AMD's chips were available in 40 laptop models.                                            

"This is the first time we've seen this much attention to our notebooks," the source said, referencing the company's laptop chips.                                           
 

And while shifts in market share are yet to be seen, "typically more design wins dictates more sales," the source said, adding the company's offerings are growing steadily across the major PC manufacturers.                                           
 

The perennial second-fiddle to market giant Intel Corp has struggled to gain market share within laptop PCs, which have outpaced the growth of desktop PCs in recent years.              

AMD's stock has underperformed Intel since the beginning of the year, losing 14.57% of its value, where Intel has gained 5.44%.

However, AMD's stock more than doubled off its 52-week low of $3.22 to close Thursday's session at $8.27 on the New York Stock Exchange.