AMD price hits $37
All the tech companies released their fiscal results for Q4 this week, and?as a result?AMD’s share price has risen by $2.84. AMD managed $1.84bn of trade in Q4, which is way up from $1.26bn in 2004. So good news for AMD, not so good for Intel.
Intel expected to see between $10.4bn and $10.6bn coming in through Q4, but it actually only made $10.2bn. This news knocked 11% off there share price.
Is a?shift occuring? The one thing i will say is its nice to see AMD finnaly in the green and making a profit, they deserve it.