IBM, AMD to co-develop microprocessor technologies 8 Jan 2003, 3:28pm ET - - - - - (Updates throughout with background, executive, analyst comment, changes dateline, previous SUNNYVALE, Calif./EAST FISHKILL, N.Y.) By Elinor Mills Abreu SAN FRANCISCO, Jan 8 (Reuters) - International Business Machines Corp. (NYSE:IBM) and Advanced Micro Devices Inc. (NYSE:AMD) on Wednesday said they would jointly develop next-generation microprocessor technologies in a bid to keep pace with market leader Intel Corp.(NASDAQ:INTC) The details of the agreement, which extends a technology-sharing arrangement the two companies have had for the past several years, were not released. But the alliance will...