Intel (INTC - Get Report), which primarily competes with AMD (AMD - Get Report), recently reported its quarterly earnings. The company continues to see high growth in its processor segments despite recent softness in the PC market. The upcoming launch of new Intel processors based on the Sandy Bridge architecture may help Intel gain share against rival AMD. Sandy Bridge architecture can boost Intel's PC (desktop and notebooks) processor businesses as well as its server processor business.We've updated our price estimate for Intel's stock slightly from $24.71 to $26.50.
New Intel Chips Could Deliver Blow to AMD
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