If you’ve been in the market for a fast PC lately, then you’ve probably heard about Ultrabooks. Created b Intel, Ultrabooks are fast, thin laptops that are stealing market share away from Apple’s MacBooks and MacBook Airs.

However, just like Apple products themselves, most Ultrabooks are expensive. While they offer superior performance and fast internet, we can’t all afford to spend over a thousand dollars on a laptop.

That’s where AMD comes in. Earlier this week, the chipset manufacturer announced that it was designing its own version of the Ultrabook. While it can’t officially use the name ‘Ultrabook’ (as it has been claimed by AMD’s rival Intel), it’s clear to see what AMD is trying to do.

Instead of being restricted by the rules surrounding Intel’s Ultrabooks, AMD is going to create a more open premium laptop. AMD feels that Intel’s rules governing Ultrabooks are too restrictive and are causing devices to cost more than they should.

As such, AMD is aiming for the $599 to $899 price range for its line of ultra-thin, ultra-fast notebooks. The company has also hinted that there could be a $549 laptop available. Since Intel’s Ultrabooks cost anywhere from $750 to $1500, AMD could capitalize on budget PC users who still want fast performance.

AMD’s line of fast laptops will be called the E-Series, and it’s expected to include quad-core CPUs, Radeon HD graphics, USB 3.0 ports, fast internet connections, and long battery life.

If you don’t want to spend a lot on a computer, but still want to experience fast performance, then AMD could have the answer. Look for AMD’s E-Series to hit store shelves near you within the next week (if they’re not already there).

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