2 Reasons to Bet on a Turnaround at Intel
Advanced Micro Devices (NASDAQ: AMD) has been consistently taking market share away from Intel (NASDAQ: INTC) in the x86 central processing unit (CPU) market recently. AMD's x86 CPU share hit a 14-year high in the second quarter of 2021, thanks to the company's manufacturing technology advantage. This has helped the company offer robust computing performance at aggressive prices, forcing Intel to resort to price cuts in order to attract customers.
AMD exited the second quarter with 22.5% of the x86 CPU market under its control, up 4.2 percentage points over the year-ago period. The chipmaker could end the year with a bigger chunk of the market, as it's likely to maintain its technological superiority over Intel for a couple more quarters. However, Intel could start staging a comeback in 2022, thanks to a robust pipeline that includes graphics cards and a brand new processor architecture.
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Source Fool.com
