andrewpmk

AMD's Troubles Are Making Intel Investors Nervous

I have to agree with Locke. AMD has been in trouble for years. Its technology is greatly inferior to Intel's and it has spent a lot of money in the last few years trying to catch up to Intel's R&D machine (without any real success). Its acquisition of ATI hasn't helped - it has already written off $1.6 billion of its goodwill - and with Intel entering that market they might have to write off even more. Intel's revenues will inevitably go down somewhat due to the recession but increased market share and new markets (graphics cards, ultra-mobile processors) should counteract that somewhat. The computer industry as a whole is not in trouble so selling Intel because AMD is losing even more money this quarter is foolish.