Technology

AMD (AMD) News Of The Day

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

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