AMD (AMD) Seeing Boost From Intel (INTC) Woes
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Advanced Micro Devices Inc. (NYSE: AMD) said Tuesday that the company is benefiting from the trouble rival Intel Corp. (NASDAQ: INTC) is having with its chip design.
AMD said that customers are approaching the semiconductor maker for additional supply,
The company's vice president of product design and platform marketing, Leslie Sobon said that AMD is getting requests from OEMs and electronics retailers for product due to the shortage of Intel supply due to a flaw in the new Sandy Bridge line.
"We have some customers and retailers who have come to us specifically as a result of Intel's chip problem," Sobon said. "Some retailers have had to take things off their shelves, so they call us to ask what they could get from our OEMs that's similar. And OEMs are asking us for product, as well."
Intel is currently working to correct the flaw in its product, which was announced last week and is expected to be the costliest in the company's history.
"We continue to work with our customers to try to get this addressed as completely and quickly as possible," Intel spokesman Chuck Mulloy said Tuesday. He declined to comment further.
Sobon said that the majority of interest is in the company's lower-end Fusion chips, as well as some older models. She was not forthcoming with a financial impact from the boost.
"We can't quantify it because we're smack in the middle of it," Sobon said. "It's hard to find a pattern because it's different by market and retailer, but it's all over the place in terms of opportunity."
Intel cut its forecast for the first-quarter revenue by $300 million, but reaffirmed its full-year guidance.
AMD said that customers are approaching the semiconductor maker for additional supply,
The company's vice president of product design and platform marketing, Leslie Sobon said that AMD is getting requests from OEMs and electronics retailers for product due to the shortage of Intel supply due to a flaw in the new Sandy Bridge line.
"We have some customers and retailers who have come to us specifically as a result of Intel's chip problem," Sobon said. "Some retailers have had to take things off their shelves, so they call us to ask what they could get from our OEMs that's similar. And OEMs are asking us for product, as well."
Intel is currently working to correct the flaw in its product, which was announced last week and is expected to be the costliest in the company's history.
"We continue to work with our customers to try to get this addressed as completely and quickly as possible," Intel spokesman Chuck Mulloy said Tuesday. He declined to comment further.
Sobon said that the majority of interest is in the company's lower-end Fusion chips, as well as some older models. She was not forthcoming with a financial impact from the boost.
"We can't quantify it because we're smack in the middle of it," Sobon said. "It's hard to find a pattern because it's different by market and retailer, but it's all over the place in terms of opportunity."
Intel cut its forecast for the first-quarter revenue by $300 million, but reaffirmed its full-year guidance.
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