S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Investing

AMD’s (AMD) New Chip: Slower Than Expected

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Industry experts expected that AMD’s (AMD) last best hope for getting back into competition with Intel (INTC) for server market share would have a clock speed of 2.7 gigahertz to 2.8 gigahertz  The first versions will be slower than that at about 2 gig.

As The Wall Street Journal points out "any initial performance advantage over Intel will be less clear-cut." AMD has indicated that the chip would outperform comparable Intel products by as much as 40%.

AMD continues its record of disappointing Wall St. As margins fell last year and the company moved to a loss. The company’s shares are down 40% over the last year.

AMD’s shares are up only .4% in early trading. That tells the whole story.

Douglas A. McIntyre can be reached at [email protected]. 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Douglas A. McIntyre |

24/7 Wall St. 2007 Price Target, AMD, $18

Over the next week 24/7 Wall St. will set mid-year price targets (June, 30, 2007) for the sixty most widely…

Douglas A. McIntyre |

The Irony Of AMD (AMD)

Late in the week, Intel (INTC) was accused by the EU of anti-competitive practices aimed at keeping AMD (AMD) sales…

Douglas A. McIntyre |

Sun Rises, Intel Turns The Tables On AMD

Sun Microsystems (SUNW) is planning to use Intel (INTC) chips in its servers. As if things were not already bad…

Douglas A. McIntyre |

Finishing Off The AMD (AMD) Break-Up: 24/7 Wall St. Worst Case Plan

AMD (AMD) sold its TV chip business to Broadcom (BRCM). It was not much of a bone to throw AMD…

Douglas A. McIntyre |

Is Nvidia (NVDA) A Buyer For AMD (AMD)?

Mubadala Development Co, the investment arm of  the Abu Dhabi government, put $622 million into AMD (AMD) last week to…

Douglas A. McIntyre |

The Slaughter House, Q2 Earnings Bleeders: Advanced Micro Devices (AMD)

AMD’s (AMD) problems seem to get worse by the day. Intel (INTC) sales of its Xeon sales have improved at…

Douglas A. McIntyre |

AMD, Intel Goes For The Kill

AMD (AMD) has all kinds of antitrust suits filled against larger rival Intel (INTC), both in the US and abroad.…

Why Intel Could Rise More than 20% and Outperform AMD in 2020
Jon C. Ogg |

Why Intel Could Rise More than 20% and Outperform AMD in 2020

After a year of ups and downs in the semiconductor space, and with processor shortages continuing into year-end, one firm…

The Value vs Growth Dilemma for Intel, Nvidia and AMD
Jon C. Ogg |

The Value vs Growth Dilemma for Intel, Nvidia and AMD

Now that earnings season is over, it's worth taking a relative value analytical look at AMD, Intel and Nvidia.

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820