AMD up, Intel down

Business Week.

FBR's Craig Berger said AMD should gain business in both the desktop and notebook computer processor market. Both AMD and Intel make microprocessors, the 'brains' of computers, though Intel holds the vast majority of the market.

Barron's reports that post-Computex discussions suggest AMD's Fusion accelerated processing units (APUs) are priced 10% to 15% below Intel's Sandy Bridge, and that AMD's better DX11 graphics are a selling point versus Intel's DX10 graphics.

While difficult to assess, three to five points of AMD central processing unit (CPU) share gains are possible, taking AMD to 18% to 20% of the total client CPU market, and possibly adding $900 million to $1.5 billion of annual revenue and 40 cents to 60 cents of earnings per share versus our model.

TakeoverChatter writes that Intel recently had their rating decreased from Outperform to Mkt Perform. FBR Capital is the brokerage firm that is currently analysing this company and found it necessary to change their rating.

This is usually a bearish sign for the stock, and this brokerage house may tell its clients to sell the stock.