Seeking Alpha

AMD (AMD -11.9%) crashes to levels last seen in '09 after the Q3 guidance accompanying its Q2...

AMD (AMD -11.9%) crashes to levels last seen in '09 after the Q3 guidance accompanying its Q2 report stokes the fears of weak PC demand and share losses that arose following the chipmaker's July 9 warning. Wedbush is downgrading shares to Neutral, arguing AMD is suffering from notebook CPU share losses, weak desktop channel demand, an inventory build-up, and slow uptake for Bulldozer server CPUs, which compete with Intel's Romley. INTC -1.8%. NVDA -3%. (transcript)
Comments (9)
  • Russ Fischer
    , contributor
    Comments (2413) | Send Message
     
    AMD is terminal. No informed customer would design in AMD products given the obvious end point in AMD's life.

     

    Intel, of course will pick up the 20% market represented by AMD. That could happen fairly quickly as AMD customers come to realize the situation is hopeless. You don't want to be the last user to move from AMD to Intel.

     

    The end of AMD can't be more than two years away. That means that Intel has an unforecasted 10% growth built in on top of all the other growth factors for Intel.
    20 Jul 2012, 02:31 PM Reply Like
  • hksche2000
    , contributor
    Comments (826) | Send Message
     
    Unless AMD can turn itself around and has left the wherewithall to go into "mobil" and "specialty" chips, it may finally succumb to INTC's noose, it always had around its neck. ARMH or QCOM should have been AMD's role model, instead of pursuing the lethal head-on competition against the INTC goliath.
    20 Jul 2012, 02:59 PM Reply Like
  • Gary Jakacky
    , contributor
    Comments (2497) | Send Message
     
    Way to go Intel! Advance more, retreat less. Blow these other chip wannabees out of the water. Investments in other chip companies are gonna cost ya an ARMH and a leg!
    20 Jul 2012, 03:43 PM Reply Like
  • J.D. Welch
    , contributor
    Comments (1990) | Send Message
     
    I have one concern here: If AMD does go under, that leaves INTC with virtual monopoly on x86 chips. I know there's another, tiny manufacturer (in Taiwan? Can't recall their name) who is also making x86 chips, but they have such a small slice of the market share they barely show up. So, wouldn't that make Intel a bit of a target for the DOJ and EU, being the only manufacturer of x86 chips? Or is someone else going to hire GlobalFoundries to make "their" x86 chips? Kindof a worry, given how the DOJ and FTC don't like Intel that much to begin with...
    20 Jul 2012, 08:06 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (8860) | Send Message
     
    AMD isn't going under. Relax, everyone :-)
    20 Jul 2012, 11:01 PM Reply Like
  • hksche2000
    , contributor
    Comments (826) | Send Message
     
    AMD sure looks like it's on the ropes and not because it's rope-a-doping. Watch out! Two monopoly vultures like INTC and MSFT are cirling over the desk/laptop markets.
    21 Jul 2012, 10:29 AM Reply Like
  • Siddha
    , contributor
    Comments (2) | Send Message
     
    What ever happened to all the money from the EU antitrust decision?
    21 Jul 2012, 11:39 AM Reply Like
  • J.D. Welch
    , contributor
    Comments (1990) | Send Message
     
    None of that money went to AMD, if that's what you're asking, Siddha. It all went into the EU's coffers...
    21 Jul 2012, 04:42 PM Reply Like
  • kingyoba
    , contributor
    Comments (29) | Send Message
     
    Intel has the growth , continued technology ,professionalism and education standards for its marketing and sales people that set them
    above the rest.
    21 Jul 2012, 05:36 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|