Intel’s chip making plans an own goal

Stefan Mileschin · 22nd February 2022, 07:48

Wall Street thinks that AMD will win

The cocaine nose jobs of Wall Street think Intel’s chip making plans to meet rising demand will give AMD a greater foothold in the segment.

Intel, which plans large investments in chip technologies in the next four years, said it expects revenue from its segment housing PCs to grow in low to mid-single digits, and its datacenter and AI business to grow in the high teens from 2023 through 2026.

The company's shares fell about six percent, while those of AMD slipped a percent.

AMD's market cap briefly breached Intel's earlier this week when it closed its $50 billion Xilinx deal. AMD is now about a billion dollars short of Intel's $182 billion market cap, both far from Nvidia's $585 billion.

In servers, AMD had less than five percent market share in 2018, but now holds 15 percent. This could go as high as 25 percent, WestPark Capital analyst Ruben Roy said.

In PCs, he expects AMD market share to reach the high 20s from its current 18-20 percent range.

"We think share gains will continue as Intel tries to catch up on manufacturing process tech."

https://fudzilla.com/news/54412-inte...ns-an-own-goal

22nd February 2022, 07:48	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Intel’s chip making plans an own goal Wall Street thinks that AMD will win The cocaine nose jobs of Wall Street think Intel’s chip making plans to meet rising demand will give AMD a greater foothold in the segment. Intel, which plans large investments in chip technologies in the next four years, said it expects revenue from its segment housing PCs to grow in low to mid-single digits, and its datacenter and AI business to grow in the high teens from 2023 through 2026. The company's shares fell about six percent, while those of AMD slipped a percent. AMD's market cap briefly breached Intel's earlier this week when it closed its $50 billion Xilinx deal. AMD is now about a billion dollars short of Intel's $182 billion market cap, both far from Nvidia's $585 billion. In servers, AMD had less than five percent market share in 2018, but now holds 15 percent. This could go as high as 25 percent, WestPark Capital analyst Ruben Roy said. In PCs, he expects AMD market share to reach the high 20s from its current 18-20 percent range. "We think share gains will continue as Intel tries to catch up on manufacturing process tech." https://fudzilla.com/news/54412-inte...ns-an-own-goal

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