Intel's streak may be over.
Romit Shah, an analyst at Nomura, feels less confident about Intel Corp. (INTC) after a meeting with Brian Krzanich, CEO of Intel, according to Bloomberg.
Krzanich notes that he's worried about Intel's ability to compete with Advanced Micro Devices Inc. (AMD) , mostly due to the fact that Krzanich did not reassure Shah about Intel's competition with AMD. Krzanich told the analysts that he believed that Intel would be losing out on server share.
Shah said, that it's Intel's "job not to let AMD capture 15%-20% [of the] market share."
AMD was up nearly 4% in afternoon trading on Monday, June 11. Intel was down nearly 1%.
Over the course of the year, Intel has gone up nearly 53%, while AMD has only seen a 32% increase.