Intel (INTC) Picking Up Share, Bad Medicine For AMD
September 27, 2007 by Douglas A. McIntyreThe head of Intel (INTC) says that its is gaining back market share from AMD. As if the smaller company has much share left to give.
According to Reuters, Intel’s chairman said the company is regaining market share from Advanced Micro Devices with new products. Intel has also fought market share losses to AMD with price cuts to older products.
Investors must have caught wind of the comments. AMD’s shares are down over 3% to $13.30 and that may be as good as it gets.
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.