Intel losing market share to AMD

INTEL’S sales forecast disappointed investors and signalled the world’s biggest chip-maker may be losing market share to Advanced Micro Devices.

Intel losing market share to AMD
Sat, 10 Dec, 2005 - 00:00

Revenue will rise from $10.4 billion (€8.8bn) to $10.6bn (€9bn) this quarter, compared with an October 18 forecast of as much as $10.8bn (€9.1bn), Santa Clara, California-based Intel said yesterday.

Chief financial officer Andy Bryant said the companies are engaged in ‘hand-to-hand combat’ and Advanced Micro will take market share.

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CourtsPlace: Santa Clara, CaliforniaPlace: San FranciscoPlace: CaliforniaPlace: New YorkPlace: IsraelPlace: BostonPerson: Andy BryantPerson: BryantPerson: Krishna ShankarPerson: Adam ParkerPerson: Phil HughesPerson: Hector RuizPerson: ShankarPerson: Fred WeissOrganisation: AMD INTELOrganisation: Advanced Micro DevicesOrganisation: IntelOrganisation: Advanced MicroOrganisation: JMP SecuritiesOrganisation: AMDOrganisation: Sanford C Bernstein & CoOrganisation: Institutional InvestorOrganisation: Mercury ResearchOrganisation: Hewlett-Packard CoOrganisation: International Business Machines CorpOrganisation: Texas Instruments IncOrganisation: Qualcomm IncOrganisation: Stein Roe Investment Counsel
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