jaymc :
Jefferies predicts Intel shares will fall nearly 15% on increasing competition from AMD:
https://www.cnbc.com/2017/07/28/jefferies-predicts-intel-shares-will-fall-nearly-15-percent-on-increasing-competition-from-amd.html
That is not what the link says really. The link says (bold mine):
Jefferies says Intel will face a bigger competitive threat from AMD, Cavium and Qualcomm in the server chip business later this year.
Qualcomm and Cavium are the real threats to Intel, both have very competitive chips and both companies already got three of the top datacenter server wins and some HPC win.
On the other hand AMD is expected to crash 70%
http://www.investopedia.com/news/amd-sell-positioned-crash-70-citigroup/