Intel Shares Fall On Dell AMD News

profdlpprofdlp The Holy City Of Westlake, Ohio
edited May 2006 in Nerdery
...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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