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Intel actions (ITC) fall after the lowest market share since 2002

remon Buul by remon Buul
May 15, 2025
in Business
0
Intel actions (ITC) fall after the lowest market share since 2002

Intel shares (NASDAQ: Intc) slipped around 4% on Wednesday after Citi announced that the company’s processor market share has dropped to its lowest level since 2002, according to a research note.

Intel actions (ITC) fall after the lowest market share since 2002
Intel actions (ITC) fall after the lowest market share since 2002

ARM (ARM) captured 13.6% of world unit shipments in the first quarter of 2025, compared to 10.8% in the previous quarter, eating in the share of Intel, which dropped 65.3% compared to 67.1%, Citi analysts led by Andrew Walker.

The micro advanced devices (AMD) also saw a slide in its pie of pie, falling to 21.1% of 22.1%. Despite the loss, AMD shares climbed approximately 6% after the board of directors approved a redemption of $ 6 billion.

The flea sector has rallied this month in the middle of a Trifaire TrĂªve in Uschina and the booming partnerships of the AI. Until now, in May, AMD has increased by 19%, ARM increased by around 13% and Intel increased by 12% for the start of the year before today’s withdrawal.

Citi has maintained the neutral dimensions on Intel and AMD, noting that sharing changes reflect the realling of the progressive portfolio rather than sudden fundamental changes. The company added that recent Arabia Arabia calculation agreements could still reshape the competitive dynamics.

This article appeared for the first time on Gurufocus.

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