Intel See Asia Growth: Peanuts For AMD

August 30, 2007 by Douglas A. McIntyre

Intel (INTC) says that its growth in Asia will be robust for the balance of the year, a sign that PC sales in the region are strengthening. IDC expects a 14% increase in PC sales in Asia to a total of 28.3 million PCs.

Reuters writes that "Intel’s share of market for processors that power most personal computers was 85.3 percent in the second quarter in the region."  That figure was up a bit from the same quarter last year.

Which means that AMD is losing ground is the world’s fastest growing chip market.

Douglas A. McIntyre

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.