Day by day: Intel shares drop $5, AMD gains $2
Rambus gains $9 -- Seesaw Marjorie Daw
Posted in Business, 7th January 2000 07:53 GMT
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News that Gateway would second source AMD processors after the company laid into Intel (INTC) for an inability to supply enough CPUs saw Chimpzilla's (AMD) shares rise by $2, day on day, on Wall Street yesterday. While AMD's stock rose, Chipzilla's fell by nearly $5 compared to the day before. Rambus Ink (RMBS), meanwhile shot up by $9 to close at $891/16, compared to the previous days close of play $801/2. Intel's share price closed at $783/4, compared to $835/8 the day before. AMD's price closed at $32. Some financial analysts on Wall Street changed their assessment on AMD more positively because the underling is likely to be able to supply its 800MHz Athlon processor in quantity far faster than Intel will be able to supply its 800MHz Pentium III part. Dell does claim to be selling machines with 800MHz Pentium IIIs inside. This page is Dell's and HP also has a machine listed. But the jitters in Intel's share price are connected to quarterly results it will post next week. AMD's results come shortly afterwards. The rise in the Rambus share price can possibly be explained by a positive report by Nikkei relating to the number of parts it will ship this year. ® See also AMD's 800MHz Athlon hits Intel in the face Gateway to use AMD because of Intel chip famine 2000 is the year of the Rambus AMD share price soars, Intel's relaxes

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