‘Rising Tide’ for x86 Servers Lifting Intel, AMD

“Stating it believes server sales are being underestimated by
Wall Street, Broadpoint AmTech’s latest report predicts both Intel
and AMD will post better-than-expected earnings in the first
quarter.

“Broadpoint analyst Doug Freedman said the server sales recovery
will continue in 2010. Because these processors are more expensive
and deliver higher profit margins, both chipmakers figure to exceed
analysts’ revenue and earnings targets.

“Both chip firms have new high-end products out for servers. AMD
(NYSE: AMD) released the eight- and 12-core Magny-Cours, while
Intel (NASDAQ: INTC) is now shipping the eight-core Nehalem-EX and
will introduce new Westmere-generation 32nm Xeon processors later
this month.”

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