• Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion
Friday, 31 March, 2023
  • Login
topfmonline.com
 
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Education
  • Technology
  • Foreign
No Result
View All Result
topfmonline.com
No Result
View All Result
Home Technology

Intel’s New Chip Plans Could Turn Rival AMD’s Fortunes Analysts

TOPFM NEWS by TOPFM NEWS
February 21, 2022
in Technology
A A
0
Intel’s New Chip Plans Could Turn Rival AMD’s Fortunes Analysts
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Intel Corp’s latest focus on making chips to meet rising demand will give Advanced Micro Devices Inc, its biggest rival in the server and PC market, a chance to build a greater foothold in the segment, analysts said.

Intel, which plans large investments in chip technologies in the next four years, said on Thursday 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 high teens from 2023 through 2026.

The company’s shares fell about 6%, while those of AMD slipped 1% on Friday.

AMD’s market cap briefly breached Intel’s earlier this week when it closed its $50 billion Xilinx deal. AMD is now about $1 billion short of Intel’s roughly $182 billion market cap, both far from Nvidia’s $585 billion.

In servers, AMD had less than 5% market share in 2018, but now holds 15%. This could go as high as 25%, WestPark Capital analyst Ruben Roy said. In PCs, he expects AMD market share to reach high 20s from its current 18% to 20% range.

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

But Wall Street is less enthused with Intel’s latest chip plans, which analysts said lacked “credibility” amid tough competition, and include muted gross margin growth and aggressive spending.

Piper Sandler analyst Harsh Kumar said there was no imminent threat to Nvidia and AMD from Intel’s ambitious roadmap. “Intel only plans to find its normal cadence but is not really expected to take any meaningful share.”

Once a market leader in the semiconductor space, Intel gave up its spot to Samsung Electronics in 2021 for the first time since 2018, Gartner data showed, while AMD jumped to the tenth spot from 14.

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Source: By Chavi Mehta and Nivedita Balu
Via: Reuters
Tags: Intel's New Chip Plans Could Turn Rival AMD's
Previous Post

Volta Trucks raises $260 million to fund electric vehicle launch

Next Post

$1.7 million in NFTs stolen in apparent phishing attack on OpenSea users

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections
Technology

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account
Technology

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Microsoft releases tweet-size exploit for macOS sandbox escape bug
Technology

Microsoft releases tweet-size exploit for macOS sandbox escape bug

July 14, 2022
9
Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’
Technology

Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’

July 14, 2022
2
Ex-CIA engineer Joshua Schulte convicted over massive data leak
Technology

Ex-CIA engineer Joshua Schulte convicted over massive data leak

July 14, 2022
2
Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC
Technology

Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC

July 13, 2022
2
Next Post
$1.7 million in NFTs stolen in apparent phishing attack on OpenSea users

$1.7 million in NFTs stolen in apparent phishing attack on OpenSea users

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

BROWSE BY TOPICS

2022 Budget Afghanistan akufo addo Amazon Apiate explosion apple AT&T Black Stars covid COVID-19 COVID 19 E-Levy facebook Fuel Ghana Police Service Google Government health Intel iphone Mahama Majority Microsoft Minority momo NDC news NLC NPP Nvidia OMICRON Parliament police Russia security South Africa Taliban tech Tesla twitter US UTAG vaccine vaccines Xinjiang

Recent Posts

  • Release money to District Assembly Common Fund – Minority to govt
  • NDC flagbearer race: Mahama picks number one slot on ballot
  • Speaker of Parliament refers UG’s new residential policy to Education Committee
  • IES predicts drop in fuel prices from April 1
  • Africa should focus on digital economy and innovation – Kamala Harris

Recent Comments

No comments to show.

RECENT NEWS

  • Release money to District Assembly Common Fund – Minority to govt March 29, 2023
  • NDC flagbearer race: Mahama picks number one slot on ballot March 29, 2023
  • Speaker of Parliament refers UG’s new residential policy to Education Committee March 29, 2023
  • IES predicts drop in fuel prices from April 1 March 29, 2023

MAIN CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

Entertainment

US Veep Kamala Harris hails impact of medical drone delivery in Ghana
Health

US Veep Kamala Harris hails impact of medical drone delivery in Ghana

3 days ago
1
  • ABOUT US
  • CONTACT
  • ADVERTISE

© 2023 Top Media Group - Powered by BackUp Data Systems

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion

© 2023 Top Media Group - Powered by BackUp Data Systems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In