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AMD inches closer to Intel

p2pnet.net News:- Intel’s position as The One continues to be eroded as AMD (Advanced Micro Devices) closes the gap between the two companies.

As The Inquirer points out, "After the fevered speculation earlier this week about Dell using AMD microprocessors, the unthinkable nearly happened yesterday. The price of a share in AMD finished on the NYSE exchange yesterday at $21.02, within hollering distance of Intel’s price, which closed at $23.69.

"Nearly 40 million shares changed hands on AMD stock yesterday, fuelled by analysts on Wall Street many of whom hurriedly re-adjusted their knickers and rated its shares to "buy" rather than neutral."

While AMD is much smaller than Intel, it was the first with 64-bit microprocessors for server computers and PCs that are also compatible with Microsoft’s 32-bit Windows operating system, says the San Francisco Chronicle, going on that although Intel came up with a similar chip for the server market, it hasn’t yet answered similar needs yet for the desktop or notebook PCs.

On top of that, Chipzilla has had a series of what the Chronicle describes as "missteps" this year including manufacturing glitches, product delays and even cancellations.

However, industry analyst Nathan Brookwood is quoted as saying, "I think AMD’s competitive position is very strong … and they are likely to retain that over the next 12 months. But that doesn’t mean Intel disappears. There will be customers who will prefer to buy Intel chips for a variety of reasons."

===================

See:-
re-adjusted their knickersDesperation Derby hears pounding of hooves, The Inquirer, November 12, 2004
firstChips trend upward, San Francisco Chronicle, November 13, 2004

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