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Intel loses some CPU market to AMD, cuts 140 jobs due to IoT closures

Jul. 05, 2017 12:11 PM ETAdvanced Micro Devices, Inc. (AMD) StockAMD, INTCBy: Brandy Betz, SA News Editor60 Comments
  • The PassMark benchmarking utility shows Advanced Micro Devices (NASDAQ:AMD) CPU gaining some market share from competitor Intel (NASDAQ:INTC) , according to ZDNet.
  • At the end of last year, 17.8% of PassMark testing completed on AMD CPUs, which was down 3% from the beginning of the year. But the number has now jumped to 26.2%. 
  • AMD CPUs still only have two spots on the PassMark CPU Popularity list with AMD Ryzen 5 1600 coming in fifth and AMD FX-8350 Eight-Core in ninth place.
  • Meanwhile, Intel has cut nearly 140 jobs related to the company’s IoT product cuts.   
  • Intel shares are up 1.08%.
  • AMD shares are up 5.42%.    
  • Previously: Intel cancels three IoT products (June 21)

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