Intel Shares Fall On Dell AMD News

profdlpprofdlp The Holy City Of Westlake, Ohio
edited May 2006 in Science & Tech
...as AMD stock soars.

Goliath is by no means out of it, but it appears that David 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 via MSNBC

Comments

  • EssoEsso Stockholm, Sweden
    edited May 2006
    Tear drops from heaven ;)
  • GHoosdumGHoosdum Icrontian
    edited May 2006
    Not just a rumor this time!
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