NEW YORK (CBS.MW) -- Analysts in a Barron's article see value in Advanced Micro Devices, suggesting the company's products remain competitive with No. 1 chip producer Intel at the same time the industry giant's share price dwarfs AMD.
"Right now, the microprocessors that AMD (AMD: news, chart, profile) is marketing are at least the equal to and in many cases better and faster than rival offerings from Intel," the Barron's article said. "Though this will change when Intel comes out with its newer chips next year, it gives AMD a window of opportunity to seize market share."
Shares of AMD closed Friday up 1 percent at $17.68. Intel shed 1.9 percent at $29.22.
The article goes on to highlight AMD's first-time introduction of chips to power laptops, a fast-growing portion of the PC market where the company has not had a significant presence.
AMD has introduced new technologies in the production of flash memory chips for cell phones, cable television boxes and video game systems, markets the analysts say AMD can win away from Intel (INTC: news, chart, profile).
For instance, mobile phone-maker Nokia, which previously bought only Intel, has signed a deal with AMD.
Separately, Intel will roll out a new mobile Pentium III chip on Monday and announce deals with laptop makers featuring the CPU, the online edition of The Wall Street Journal reports.
"Right now, the microprocessors that AMD (AMD: news, chart, profile) is marketing are at least the equal to and in many cases better and faster than rival offerings from Intel," the Barron's article said. "Though this will change when Intel comes out with its newer chips next year, it gives AMD a window of opportunity to seize market share."
Shares of AMD closed Friday up 1 percent at $17.68. Intel shed 1.9 percent at $29.22.
The article goes on to highlight AMD's first-time introduction of chips to power laptops, a fast-growing portion of the PC market where the company has not had a significant presence.
AMD has introduced new technologies in the production of flash memory chips for cell phones, cable television boxes and video game systems, markets the analysts say AMD can win away from Intel (INTC: news, chart, profile).
For instance, mobile phone-maker Nokia, which previously bought only Intel, has signed a deal with AMD.
Separately, Intel will roll out a new mobile Pentium III chip on Monday and announce deals with laptop makers featuring the CPU, the online edition of The Wall Street Journal reports.
