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2021-08-05
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AMD stock gunning for sixth straight record high following more data showing market share gains on Intel
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shares rallied toward a sixth consecutive record high on Wednesday following continued indications that the chip maker is taking market share away from larger rival Intel Corp. \n</p>\n<p>\n AMD <a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a> shares traded up nearly 9% Wednesday, carving out an new all-time intraday high of $122.49, on their way to a sixth straight day of record high closing prices as well as a sixth straight day of gains of 2% or more. Shares closed at a record $112.56 on Tuesday . \n</p>\n<p>\n The last time AMD shares had such a streak was June 2, when the stock rose for seven days in a row, according to Dow Jones data. \n</p>\n<p>\n Coincidentally, AMD's streak began on July 28 shares, which were down 0.3% Wednesday, have gained 1% since July 28. \n</p>\n<p>\n Read: AMD's stock surges to record high while chip maker takes more market share from Intel \n</p>\n<p>\n Additionally, the PHLX Semiconductor Index was on track for its fourth record high close in a row having finished at 3,396.66 on Tuesday. \n</p>\n<p>\n In a note Wednesday, Citi Research analyst Christopher Danley, who has neutral ratings on both AMD and Intel, said data from Mercury Research showed that while total microprocessor shipments had declined 3.1% quarter-over-quarter, AMD's total share of the market increased to 16.9% in the second quarter from 16.1% in the first quarter. Meanwhile, Intel's share fell to 83.1% in the second quarter from 83.9% in the first quarter. \n</p>\n<p>\n The data showed AMD's gains in the important data-center category over Intel. The Mercury data showed AMD with 8.9% share in servers, up from 5.5% in the year-ago second quarter and 8.2% in this year's first quarter. That's compared with Intel's 91.1% share, down from 94.5% in the year-ago second quarter and 91.8% in the first quarter. \n</p>\n<p>\n Additionally, a Wednesday report from tech news site wccftech.com noted that AMD CPUs are still outselling Intel according to data compiled from MindFactory, Germany's largest tech retailer, \n</p>\n<p>\n Another tailwind for AMD shares could be coming from a Bloomberg report $40 billion acquisition of Arm from Japan's SoftBank Group Corp. citing national security reasons, a development that would benefit AMD. \n</p>\n<p>\n - \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n August 04, 2021 13:32 ET (17:32 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD stock gunning for sixth straight record high following more data showing market share gains on Intel</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD stock gunning for sixth straight record high following more data showing market share gains on Intel\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-05 01:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMD stock gunning for sixth straight record high following more data showing market share gains on Intel\n</p>\n<p>\n Shares have rallied 35% since earnings report \n</p>\n<p>\n Advanced Micro Devices Inc. shares rallied toward a sixth consecutive record high on Wednesday following continued indications that the chip maker is taking market share away from larger rival Intel Corp. \n</p>\n<p>\n AMD <a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a> shares traded up nearly 9% Wednesday, carving out an new all-time intraday high of $122.49, on their way to a sixth straight day of record high closing prices as well as a sixth straight day of gains of 2% or more. Shares closed at a record $112.56 on Tuesday . \n</p>\n<p>\n The last time AMD shares had such a streak was June 2, when the stock rose for seven days in a row, according to Dow Jones data. \n</p>\n<p>\n Coincidentally, AMD's streak began on July 28 shares, which were down 0.3% Wednesday, have gained 1% since July 28. \n</p>\n<p>\n Read: AMD's stock surges to record high while chip maker takes more market share from Intel \n</p>\n<p>\n Additionally, the PHLX Semiconductor Index was on track for its fourth record high close in a row having finished at 3,396.66 on Tuesday. \n</p>\n<p>\n In a note Wednesday, Citi Research analyst Christopher Danley, who has neutral ratings on both AMD and Intel, said data from Mercury Research showed that while total microprocessor shipments had declined 3.1% quarter-over-quarter, AMD's total share of the market increased to 16.9% in the second quarter from 16.1% in the first quarter. Meanwhile, Intel's share fell to 83.1% in the second quarter from 83.9% in the first quarter. \n</p>\n<p>\n The data showed AMD's gains in the important data-center category over Intel. The Mercury data showed AMD with 8.9% share in servers, up from 5.5% in the year-ago second quarter and 8.2% in this year's first quarter. That's compared with Intel's 91.1% share, down from 94.5% in the year-ago second quarter and 91.8% in the first quarter. \n</p>\n<p>\n Additionally, a Wednesday report from tech news site wccftech.com noted that AMD CPUs are still outselling Intel according to data compiled from MindFactory, Germany's largest tech retailer, \n</p>\n<p>\n Another tailwind for AMD shares could be coming from a Bloomberg report $40 billion acquisition of Arm from Japan's SoftBank Group Corp. citing national security reasons, a development that would benefit AMD. \n</p>\n<p>\n - \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n August 04, 2021 13:32 ET (17:32 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157107065","content_text":"MW AMD stock gunning for sixth straight record high following more data showing market share gains on Intel\n\n\n Shares have rallied 35% since earnings report \n\n\n Advanced Micro Devices Inc. shares rallied toward a sixth consecutive record high on Wednesday following continued indications that the chip maker is taking market share away from larger rival Intel Corp. \n\n\n AMD $(AMD)$ shares traded up nearly 9% Wednesday, carving out an new all-time intraday high of $122.49, on their way to a sixth straight day of record high closing prices as well as a sixth straight day of gains of 2% or more. Shares closed at a record $112.56 on Tuesday . \n\n\n The last time AMD shares had such a streak was June 2, when the stock rose for seven days in a row, according to Dow Jones data. \n\n\n Coincidentally, AMD's streak began on July 28 shares, which were down 0.3% Wednesday, have gained 1% since July 28. \n\n\n Read: AMD's stock surges to record high while chip maker takes more market share from Intel \n\n\n Additionally, the PHLX Semiconductor Index was on track for its fourth record high close in a row having finished at 3,396.66 on Tuesday. \n\n\n In a note Wednesday, Citi Research analyst Christopher Danley, who has neutral ratings on both AMD and Intel, said data from Mercury Research showed that while total microprocessor shipments had declined 3.1% quarter-over-quarter, AMD's total share of the market increased to 16.9% in the second quarter from 16.1% in the first quarter. Meanwhile, Intel's share fell to 83.1% in the second quarter from 83.9% in the first quarter. \n\n\n The data showed AMD's gains in the important data-center category over Intel. The Mercury data showed AMD with 8.9% share in servers, up from 5.5% in the year-ago second quarter and 8.2% in this year's first quarter. That's compared with Intel's 91.1% share, down from 94.5% in the year-ago second quarter and 91.8% in the first quarter. \n\n\n Additionally, a Wednesday report from tech news site wccftech.com noted that AMD CPUs are still outselling Intel according to data compiled from MindFactory, Germany's largest tech retailer, \n\n\n Another tailwind for AMD shares could be coming from a Bloomberg report $40 billion acquisition of Arm from Japan's SoftBank Group Corp. citing national security reasons, a development that would benefit AMD. \n\n\n - \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n August 04, 2021 13:32 ET (17:32 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":890698934,"gmtCreate":1628100744028,"gmtModify":1703501253859,"author":{"id":"3579781005947437","authorId":"3579781005947437","name":"winking1613","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579781005947437","authorIdStr":"3579781005947437"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890698934","repostId":"2157107065","repostType":2,"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
