Semiconductor firm Advanced Micro Devices (NASDAQ: AMD) announced a new digital cable television tuner for Windows Vista based computers on Monday, which enables users to watch and record digital cable content on their PCs.

The Sunnyvale Calif.-based company said that its ATI TV Wonder Digital Cable Tuner turns a PC into a personal video recorder (PVR), similar to set-top boxes like the Tivo.

AMD is driving innovation and choice for today’s connected home while offering new PC entertainment experiences with products like the ATI TV Wonder Digital Cable Tuner, said Rick Bergman, senior vice president and general manager at AMD.

Like traditional PVRs, consumers can watch live or record high-definition broadcasts to their hard drives. Unlike traditional solutions, however, the ATI TV Wonder will come with software that will help users organize their content, and also turn saved video into DVDs.

The software also includes utilities to turn stored content into portable video formats, allowing content to be played on video-iPods, or Playstation Protables, for instance.

AMD gained access to Canadian graphics chip maker ATI Technologies in July following its $5.4 billion acquisition.

The ATI TV Wonder is scheduled to be available starting January 30, 2007. Pricing will vary depending on the OEM manufacturer and the level of hardware included, AMD said.

AMD shares dropped 25 cents, or 1.26 percent, in late morning trading on the New York Stock Exchange.