AMD Retains Strong Grip On Retail CPU Market Despite COVID-19 Threat, Report Says

Loading...
Loading...

Advanced Micro Devices, Inc. AMD has struck gold with its third-generation Ryzen processors, which are based on the 7-nm Zen 2 architecture.

Ever since the July product launch, the company has managed to wrest significant market share from its rival Intel Corporation INTC.

AMD Continues To Snare Share

AMD's retail CPU unit market share rose sharply to about 86.11% in week eight of the year, up half a point from the previous week, according to a tweet from the handle TechEpiphany, which cited data from European retailer Mindfactory.

The tweet, however, showed AMD's average selling price declining vis-à-vis Intel's. AMD's bestselling CPU was Ryzen 5 3600, priced at $199, compared to Intel's top-selling Core i7 9700K, priced at $385, Extreme Tech reported Tuesday.

Extreme Tech's report also pointed to Amazon's listing of AMD as taking the seven of the top 10 spots among bestselling CPUs.

COVID-19 Impact Blessing In Disguise For Intel?

Intel, which is grappling with CPU shortages, could have an advantage of sorts, as the COVID-19 outbreak has put the brakes on PC production and sales.

Intel now has some time to put its house in order before demand trends return to normal. 

Loading...
Loading...

Intel Loses Server Customer

Cloudflare Inc NET, a web infrastructure and website security company, announced in a Monday blog that its 10th-generation servers, "Gen X," will not have Intel processors.

Notably, the company's previous generations of servers used Intel's hardware. Intel is being replaced with AMD's EPYC server processors.

"We were particularly impressed by the 2nd Gen AMD EPYC processors because they proved to be far more efficient for our customers' workloads," the company said in the blog.

AMD, Intel Price Action

AMD shares were trading 2.71% higher at $48.86 at the time of publication Wednesday, while Intel shares were up 0.88% at $60.26. 

Related Links:

Morgan Stanley On AMD At CES: 'Impressive Group Of Products, But Nothing Particularly Surprising'

Survey Shows AMD Gains Market Share At Intel's Expense In Q4

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: TechMediaTrading IdeasCPUMindfactoryRyzensemiconductorTechEpiphany
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...