AMD's share price catches up with Intel's

Posted on Saturday, November 13 2004 @ 23:08 CET by Thomas De Maesschalck

After the fevered speculation earlier this week about Dell using AMD microprocessors, the unthinkable nearly happened yesterday. The price of a share in AMD finished on the NYSE exchange yesterday at $21.02, within hollering distance of Intel's price, which closed at $23.69.

Nearly 40 million shares changed hands on AMD stock yesterday, fuelled by analysts on Wall Street many of whom hurriedly re-adjusted their knickers and rated its shares to "buy" rather than neutral.

Read more at The Inquirer

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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