There won’t be a Geode successor and the company has no core microarchitecture planned to replace the chip, AMD executives said. The comments end speculation about the future of Geode, an integrated chip used in netbooks like OLPC's XO laptop, ultramobile PCs and devices like set-top boxes.

"There are no plans for a follow-on product to today's available AMD Geode LX products, but we expect to make this very successful processor available to customers as long as the market demands," said Phil Hughes, an AMD spokesman.

The chip is too old for further development, said Dean McCarron, president for Mercury Research. Chip designs and manufacturing processes have improved since it was first introduced.

AMD is also trying to channel its resources smartly during tough economic times and Geode isn't high on its list of priorities, McCarron said.

"Geode was a nice niche market for them, but we are in a very different environment. You can't split your attention too many ways," he said. Geode doesn't contribute to AMD's bottom line like the mainstream chips.