juin -- If you want to talk about Intel vs AMD in R&D, let me remind you a few things:
1. Intel used to lead AMD in manufacturing technology by AT LEAST half generation. However, AMD hooked up with Motorola at the 0.18 micron technology and made great stride. AMD, not Intel, was the first one produce x86 CPUs with copper metalization. Now AMD is working with IBM to become the first to use the SOI (silicon on insulator) technology to make CPUs. Moreover, AMD announced its manufacturing 0.13 micron technology at IEDM 2000, at the same time as Intel. In other word, AMD becomes quite competitive in manufacturing technology.
2. Although I am no expert in CPU design, I think the results speak for themselves. AMD has consistently produced competitive if not significant better CPU core design and architecture for the last few years.
3. If you want to talk about R&D budget, there is NO comparison. Intel used to spend more on R&D than the AMD's total revenue. However, judging from the end results, you have to admit AMD spend its resources much more wisely and efficiently.
The bottom line is not what you put out in press release, but it is what you can produce for your customers. In that regard, AMD is doing quite well despite the fact it's a much smaller company and it has much smaller R&D.
**Spin all you want, but we the paying consumers will have the final word**