Advanced Micro Devices Inc (AMD)

[rupert]

sgolds: The quote from the analysts was brief and we did not see his whole argument. But I sensed that is what he was saying. Intel has increased revenues because:

(a) the flash market is strong and expanding:
(b) it has improved margins in flash due to (i) economies of scale and (ii) better 90 nm yields.

He suggests they played down this explanation. Why?

Against a background of the other analysts reports that Intel had taken business from Nokia and other large companies from AMD, it is reasonable to assume that someone at Intel said or implied this to at least one analyst who was then copied by at least two others.

Apart from its annoying misleading, short-term effect on market sentiment, this news is good for AMD.