Chips

AMD sinks and so does Intel

It's an ill wind

By Cher Price

Wed Jan 03 2007, 14:22

GOLDMAN SACHS downgraded AMD stock today, giving it a "sell" award because analysts think there will be an increase in costs and more price competition from its competitor Intel (INTC).

That sent its share price down after the NYSE opened - it currently stands at $20.35.

But it's an ill wind that also sent down the INTC price to $20.25, a decline of 17 cents. µ

Intel delays product after product without competition Sandy and Ivy Bridges delayed by weak Bulldozer performance Friday, 16 December 2011, 16:00 PM Read more	Goldman Sachs thinks Apple's Ipad needs a price cut Perhaps bankers' bonuses won't be as high this year Tuesday, 15 November 2011, 14:29 PM Read more
AMD launches its 8-core and 16-core Opteron Bulldozer chips Better late than never Monday, 14 November 2011, 05:00 AM Read more	Intel has 80 per cent of the microprocessor market While AMD has lost a little market share Thursday, 3 November 2011, 11:56 AM Read more
Intel says it competes with Qualcomm not ARM AMD is no longer the major threat Tuesday, 26 July 2011, 15:52 PM Read more	AMD is in trouble, says analyst But we beg to differ Wednesday, 13 July 2011, 15:17 PM Read more

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AMD sinks and so does Intel

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