Wednesday, March 7th 2007
AMD Aiming for 30% Market Share
AMD has reiterated that its main aim at the moment is to achieve a 30% market share in order to break Intel's monopoly. Speaking at the Morgan Stanley Technology Conference in San Francisco today, Hector Ruiz (chief executive of AMD) said "The environment is very competitive, very competitive. We need to break the monopoly, and for that we've got to get above 30% [market share]." Ruiz also announced that AMD was looking likely to fall below its first-quarter sales guidance of between $1.6 billion and $1.7 billion. By the end of 2006, Intel accounted for 74.4% of the overall processor market, with AMD in control of 25.3%, whilst Intel made up 77.7% of server chip sales. AMD has a strong challenge on its hands in the form of Intel's Core 2 Duo processor, which is becoming more popular among consumers allowing Intel to gradually claw back some of its market share.
Source:
Xbit Labs
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