The people at research firm iSuppli had unkind things to say about AMD (AMD). The company reported that Intel (INTC) outperformed the overall semiconductor growth rate of 4.1% this year. Expectations are for AMD (AMD) semi sales to decline almost 23%. According to The Inquirer, AMD semi sales will fall to $5.8 billion from $7.5 billion in 2006.
Barron’s was equally ill-tempered. It wrote news from Pacific Crest claims that Dell (DELL) plans to use fewer AMD chips due to performance problems with the Barcelona chip. The brokerage says that Intel "share gains versus AMD are “rapidly accelerating” in both notebooks and servers.".
None of it mattered. AMD shares soldiered on, up 2.5% for the day to $10.39.
Douglas A. McIntyre
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.