…as AMD stock soars.
[i]Goliath[/i] is by no means out of it, but it appears that [i]David[/i] has scored a direct hit.
LOS ANGELES – Intel Corp. shares fell to a three-year low Friday after No. 1 personal computer maker Dell Inc. said it would begin using chips from smaller Intel rival Advanced Micro Devices Inc., whose shares surged.
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Merrill Lynch expects AMD’s share of the market for server microprocessors will rise to 26 percent by the end of the year, up from 16 percent a year earlier. AMD’s share will continue to gain next year and could hit 30 percent…
Source: Reuters [i]via[/i] MSNBC
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