Intel Is Feeling the Heat From AMD

Intel Is Feeling the Heat From AMD

The latest market share numbers for the central processing unit (CPU) space put together by PassMark gave Intel (NASDAQ: INTC) investors a rude awakening. The chip giant is losing its vice-like grip over the CPU market because of stiff competition from Advanced Micro Devices (NASDAQ: AMD), whose latest CPU lineup seems to have captured consumers' attention.

PassMark's PerformanceTest, which is used to test PC speeds and compare the performance of different PCs, puts AMD's share of the x86 microprocessor market at 23.4% at the beginning of the third quarter of 2017 while Intel has the rest. By comparison, AMD's market share stood at just 17.5% in the prior-year period, so it has gained a significant portion of this market from Intel's clutches.

Image Source: AMD

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Source: Fool.com