Reuters announced today that some brokerages raised their share price targets for Intel stock even though Intel reported disappointing profit margins for last quarter. What does this mean for those of us in the trenches that run Intel parts in our computers, nothing really.
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Wall Street thinks that Intel will have a strong showing next quarter so they are still optimistic on the stock. I’m the first to admit that I know nothing about stocks, but competition can certainly affect stock prices in the form of new parts form AMD.
With AMD showing off their new Phenom parts at an event in L.A. last week, corresponding with E3, Intel may have a battle on their hands again shortly for the title of fastest CPU around. Right now, no one doubts that Intel’s parts are faster, save possibly AMD.
The chip market right now for high-end parts reminds me of when dual core processors first came out. Intel was first to market with the dual core processor and held the lead for a while. Then AMD launched their dual core FX parts with a much more efficient and powerful design and simply obliterated Intel in performance computing and gaming.
What AMD didn’t tell me last week about the Phenom was, well anything. They wouldn’t say a word about the part other than under that heat sink right there is a bad ass quad core Phenom processor. When I pressed for details all I was told is, “we will be very competitive.” Then when I asked if we would see a new quad core version of the dual core war fought a few years ago when Intel was first and then AMD smashed them in performance later, the AMD guy merely smirked with a knowing gleam in his eye.
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Who knows, perhaps the gleam in his eye was the two bikini clad ladies sun bathing at the shared pool between the two bungalows. Then again, maybe the gleam is because once again AMD is about to smash the performance lead Intel currently enjoys by launching a processor with a superior design. If that happens, I wonder what will become of the Intel stock optimism.