AMD-Intel gladiatoral battle takes share shape

Protean shifting on US stock exchange

As the implications of AMD's predicted share loss reverbarated around the world, early signs on Wall Street were that the chip company's shares would fall further today. The price fell to 16 13/16th, down $1 1/4 from yesterday's closing price. And the news also appeared to affect Intel's price. Its shares, an hour after the New York Stock Exchange opened, had fallen by 13/16ths to $55 3/14th. We still think Intel's share price is well undervalued. ®

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