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HEXUS.sharewatch: the semiconductor yoyo continues

by Scott Bicheno on 12 January 2009, 09:55

Tags: Intel (NASDAQ:INTC), AMD (NYSE:AMD), NVIDIA (NASDAQ:NVDA)

Quick Link: HEXUS.net/qaqod

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The investor community just can't seem to make up its mind about semiconductor companies as the extent of the global recession becomes clearer.

Intel's share price has been in steady decline since Bankageddon really took hold in September with the collapse of Lehman Brothers.  It seemed to have stabilised at around $14 late last year, but is still seeing some significant deviations around that mark.

Intel was relatively quiet at CES 2009 and maybe that's one of the reason its shares have lost nearly seven percent of their value in the past week.

Two years ago AMD's share price was around $20, but recently, as its extensive restructure continues, shares have tended to go for more like a tenth of that. However, the launch of a new processor, a sub-notebook platform and new mobile graphics at CES 2009 have seen AMD's shares jump 13 percent.