Its immediate problem is that sales of microprocessors for PCs, which account for most of its revenues, have levelled off as the PC industry has matured. After years of double-digit growth, the number of PCs sold declined in 2001, and there is little prospect of any more than slow growth in future. In a flat market, Intel’s rivals, the largest of which is Advanced Micro Devices (AMD), another American company, can concentrate on boosting market share. But Intel, with a share of 81%, has little room to grow.
Intel – Economist
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