(Reuters) – Chipmaker Advanced Micro Devices Inc snatched more market share in the lucrative data center business from rival Intel Corp in the third quarter, drawing praise from Wall Street analysts on Wednesday. Its shares surged more than 3% in early trading as growth in demand for chips used in […]
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Intel (INTC) CEO Pat Gelsinger debuted the company’s 13th-generation Intel Core processors on Tuesday during the chip giant’s annual Intel Innovation event in San Jose, California. The new chips, codenamed Raptor Lake, are designed to put Intel in the performance lead ahead of arch rival AMD (AMD) in the desktop […]
Text size Intel headquarters in Santa Clara, Calif. David Paul Morris/Bloomberg So much for the vaunted second-half comeback. The two major computer-chip companies are now acknowledging PC demand is fading beyond their already downbeat outlooks. On Monday, Bernstein analyst Stacy Rasgon published a report after meeting with senior executives at […]