Advanced Micro Devices is releasing its fastest-yet processor designed for laptops as the company seeks to take a larger piece of one of the more profitable parts of the PC industry.

AMD, which is one of Intel's chief rivals, said its Athlon XP 2200+ processor is immediately available in Europe in laptops made by Fujitsu Siemens. Epson Direct in Japan and Time Computers in the United Kingdom will start selling laptops with the chips later this month, Sunnyvale, Calif.-based AMD said.

Source: CNet News.