Intel’s Sandy Bridge Chips Achieve Prophecy

In January Intel’s (NASDAQ:INTC) CEO had confidently declared the company’s new Sandy Bridge chips would yield 33% of the year’s revenue and drive the PC industry to $125 billion in sales. His words may have been prophetic.

According to latest estimates by Jon Peddie Research, Intel’s (NASDAQ:INTC) market share rose almost 560 bps (q/q) to 60.4%, led by robust demand for its Sandy Bridge processors. This was the company’s seventh quarter of embedded processor graphics CPU (EPG, a multi-chip design that combined a graphics processor and CPU in the same package) shipments. The Sandy Bridge architecture places graphics capability along with CPU functions on the same chip.

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Year-over-year, Intel (NASDAQ:INTC) market share increased by 9.5%, AMD (NYSE:AMD) broke even, and Nvidia (NASDAQ:NVDA) slipped -23% mainly due to the company withdrawing from the integrated segments. However, Nvidia (NASDAQ:NVDA) gained 10.9% in desktop discrete. The report also revealed total shipments of graphics processors increased 16.7% over the previous quarter, far above the 10-year average of 13.9%.

Here’s how these semiconductor stocks (NYSE:SMH) are trading today:

  • Intel Corporation (NASDAQ:INTC): The shares recently traded at $24.11, down $0.43, or 1.75%. Its market capitalization is $125.23 billion. They have traded in a 52-week range of $17.60 to $24.35. Volume today was 46,801,856 shares versus a 3-month average volume of 63,739,000 shares. The company’s trailing P/E is 10.44, while trailing earnings are $2.31 per share. The company pays a dividend of $0.84 per share for a dividend yield of 3.40%. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products. Get the most recent company news and stock data here >>
  • Advanced Micro Devices, Inc. (NYSE:AMD): The shares recently traded at $5.43, down $0.4, or 6.86%. Its market capitalization is $3.96 billion. They have traded in a 52-week range of $4.31 to $9.58. Volume today was 29,678,608 shares versus a 3-month average volume of 24,902,500 shares. The company’s trailing P/E is 3.86, while trailing earnings are $1.41 per share. About the company: Advanced Micro Devices, Inc. manufactures semiconductor products. The Company manufactures products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis. Get the most recent company news and stock data here >>
  • NVIDIA Corporation (NASDAQ:NVDA): The shares recently traded at $14.20, down $0.6, or 4.05%. Its market capitalization is $8.57 billion. They have traded in a 52-week range of $11.47 to $26.17. Volume today was 13,580,060 shares versus a 3-month average volume of 22,118,500 shares. The company’s trailing P/E is 15.85, while trailing earnings are $0.90 per share. About the company: NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company’s products provide interactive 3D graphics to the mainstream personal computer market. Get the most recent company news and stock data here >>