The rivalry between Intel Corporation and Advanced Micro Devices (AMD) has decidedly tilted in favor of the latter in recent years. With Intel going all out to turn things around, here is how the competitive dynamics in the industry are shaping up.
PC Market Outlook Remains Cautious
Declines in chief information officer (CIO) spending intentions, rising inventory, and shrinking lead times have rendered the 2022 outlook for the PC market cautious, Morgan Stanley analyst Joseph Moore said in recent a note. The strong secular growth seen in 2021, thanks to the acceleration of digital transformation, may be approaching the end and typical seasonality may be returning, the analyst said.Intel vs. AMD on Revenue Growth
Intel is estimated to record Client Computing Group revenues of $36.3 billion in 2022, representing an 8.7 percent decline, Moore said. The expectation is premised on a slowdown in the PC market heading into 2022 and continued modest market share slippage to AMD, he added.In comparison, AMD will likely report $9.7 billion in computing & graphics revenue, including both CPU and GPU sales for client devices, the analyst said. This represented a 5.9 percent growth over 2021, with much of the growth likely coming from client GPU, the analyst noted.
