AMD Chief Aims to Break Intel Monopoly

Advanced Micro Devices(AMD Quote) aims to substantially boost its share of the microprocessor market over the next five years, undermining the near-monopoly now enjoyed by Intel(INTC Quote), according to comments by Chief Executive Officer Hector Ruiz quoted in Reuters.

Ruiz said he wants AMD to account for as much as 25% of the total microprocessor market, measured in dollars, up from its current 10%. He plans to do so by developing more unique silicon and becoming more cost efficient internally.

"We think over a period of three to five years we can accomplish a solid position in a true duopoly as opposed to a monopoly," Ruiz told Reuters. ...