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Technology Stocks : Intel Corporation (INTC)
INTC 37.89-0.1%Nov 12 3:59 PM EST

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To: Joey Smith who wrote (71860)1/22/1999 8:56:00 PM
From: John Koligman  Read Replies (3) of 186894
 
News.Com ran this after the close, maybe some folks saw it early, who knows. I've seen other articles similar to this one, so it should be old news...

Regards,
John

Intel share of chip market slips
By Bloomberg News
Special to CNET News.com
January 22, 1999, 5:05 p.m. PT

Intel's share of the microprocessor market fell to 75.7 percent in the fourth quarter
as rival Advanced Micro Devices stole business with its cheaper products, a
research firm said.

The No. 1 chipmaker's market share slipped from 87.1 percent in the fourth quarter of
1997, according to preliminary numbers from International Data Corporation. AMD's share
rose to 15.5 percent from 6.6 percent in the year-earlier quarter, IDC said.

Intel has been hammered by AMD's low-priced chips, which
were snapped up by personal computer makers looking to
satiate demand for cheap computers, especially those
costing less than $1,000. Intel was late to that market,
coming out with a slow Celeron chip in early 1998 and failing
to unveil a faster, more competitive version until later in the
year.

Intel now has introduced even faster Celeron processors and
has cut prices aggressively. The company has said it intends
to win back its share in the low end of the market. AMD's
chips are found in more than half of PCs that cost less than
$1,000.

Intel's fourth-quarter market share is lower than the 78.7 percent it held in the third quarter
of 1998. AMD's fourth-quarter share rose from the 12.7 percent it held in the third quarter.

Intel still nabbed most of the dollars in the $22.4 billion microprocessor market in 1998,
IDC said. Intel garnered 92 percent of the revenue, while AMD had about 5.6 percent.
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