Last week wasn't quite as dramatic in the financial markets as we've become used to of late, but there was still plenty going on.
In the HEXUS.sharewatch of a week ago we reported on precipitous drops across all markets, with AMD managing to lose nearly a quarter of its value in a week and only Apple bucking the trend.
Well it's looking like investors are thinking they were a bit hard on poor old AMD and have improved its share price to the tune of one sixth. All of this gain happened last Thursday when AMD announced an eerily familiar appointment to its top EMEA role.
Intel has unveiled its new CPU architecture today - Core i7 - and, for the time being at least, it further extends Intel's CPU performance lead over AMD. While this fact was generally anticipated it will be interesting to see if the benchmark numbers have an effect on AMD's, and Intel's, share prices.
It's not clear whether the Core i7 launch has been a factor but Intel's shares have been out-performing the broader market in recent days. Even a barely needed admission that the rubbish state of the global economy might affect its sales doesn't seem to have done it any harm as its shares have gone up over six percent in the past few days.
