{"id":42606,"date":"2019-11-22T08:01:24","date_gmt":"2019-11-22T13:01:24","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=42606"},"modified":"2019-11-22T00:34:20","modified_gmt":"2019-11-22T05:34:20","slug":"intels-nasdaqintc-supply-problems-a-blessing-for-advanced-micro-devices-inc-nasdaqamd","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/intels-nasdaqintc-supply-problems-a-blessing-for-advanced-micro-devices-inc-nasdaqamd-42606","title":{"rendered":"Intel\u2019s (NASDAQ:INTC) Supply Problems A Blessing For Advanced Micro Devices Inc. (NASDAQ:AMD)"},"content":{"rendered":"<p><strong>Intel Corp (NASDAQ:INTC)<\/strong> continues to face manufacturing challenges and supply constraints. However, the misfortunes of Intel could be beneficial for rival chipmaker <strong>Advanced Micro Devices Inc. (NASDAQ:AMD).<\/strong><\/p>\n<p><strong>Intel\u2019s supply issues could play to Q4<\/strong><\/p>\n<p>In a <a href=\"https:\/\/www.marketwatch.com\/story\/intels-manufacturing-issues-continue-and-could-help-rival-amd-2019-11-20\" target=\"_blank\" rel=\"noopener noreferrer\">letter, Michelle Johnston<\/a>, the executive VP of sales and marketing, apologized for the company&#8217;s shipment delays and the impact they have had on the business of partners. Michelle updated on the company&#8217;s measures and investments aimed at <a href=\"https:\/\/www.techradar.com\/news\/intel-apologizes-for-cpu-shortages-which-remain-a-problem-amd-will-be-glad-to-hear\" target=\"_blank\" rel=\"noopener noreferrer\">enhancing supply-demand balance<\/a> to offer the products. However, despite the efforts the company has put in place, it has not managed to solve the problem, although investors have nonetheless not been ruffled. This is because the company has maintained its previous fourth-quarter guidance. The company had projected <a href=\"https:\/\/businessglitz.com\/intels-production-problems-continue-and-can-help-rival-amd\/\" target=\"_blank\" rel=\"noopener noreferrer\">full-year revenue of $1.2 billion<\/a>.<\/p>\n<p>Moor Insights &amp; Strategy principal analysts Pat Moorhead expressed confidence that Intel will achieve its financial commitments. This is if the company is not pushed to offer price discounts for any other reason than what it has contractually committed.<\/p>\n<p>So far, it is not clear whether Intel is facing new manufacturing challenges or the letter was reiterating issues reported earlier. Bob Swan, the CEO of Intel, highlighted the issues the company was facing during an earnings call last month. Swan indicated that the demand for PC exceeded third party estimates. He added that the market had become stronger than they anticipated in Q2, with increasing inventory buffers challenges. The company was doing everything to establish the demand\/supply balance, but the shortfalls could continue in Q4.<\/p>\n<p><strong>AMD could take advantage of Intel\u2019s supply shortfalls<\/strong><\/p>\n<p>The supply issues that Intel is facing could benefit Advanced Micro Devices. According to Tirias Research principal analyst Kevin Krewell, this is a significant chance for AMD to capitalize. However, it is likely to take time for original equipment manufacturers (OEMs) to shift to AMD. Krewell states that there is no clarity of the Intel products affected most by the issues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel Corp (NASDAQ:INTC) continues to face manufacturing challenges and supply constraints. However, the misfortunes of Intel could be beneficial for rival chipmaker Advanced Micro Devices [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":41695,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[14136,14135,14137,2906,597],"stock_ticker":[13666],"class_list":["post-42606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-intel-corp","tag-intel-corp-nasdaqintc","tag-michelle-johnston","tag-nasdaqamd","tag-nasdaqintc","stock_ticker-intc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Intel\u2019s (NASDAQ:INTC) Supply Problems A Blessing For Advanced Micro Devices Inc. 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However, the misfortunes of Intel could be beneficial for rival chipmaker Advanced Micro Devices [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/intels-nasdaqintc-supply-problems-a-blessing-for-advanced-micro-devices-inc-nasdaqamd-42606\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-22T13:01:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/06\/Intel-Chips.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Donna Fago\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Donna Fago\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/intels-nasdaqintc-supply-problems-a-blessing-for-advanced-micro-devices-inc-nasdaqamd-42606#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/intels-nasdaqintc-supply-problems-a-blessing-for-advanced-micro-devices-inc-nasdaqamd-42606\"},\"author\":{\"name\":\"Donna Fago\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/60ece280249b1fa366ae54f87bb8ae84\"},\"headline\":\"Intel\u2019s (NASDAQ:INTC) Supply Problems A Blessing For Advanced Micro Devices Inc. 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