AMD on track for 30% world market share by end of 2001

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Singapore--Advanced Micro Devices Inc., the world's second-largest microchip maker behind Intel Corp., announced Tuesday that it's on track to achieve its stated goal of 30% global market share by the end of the year. Recent launches of products for the mobile computer and workstation or service markets as well as hopes for "modest" revenue growth will help AMD meet the target, according to Wee Yep Yin, a marketing manager at AMD Far East Ltd. Yep Yin added that AMD's revenue could grow despite expectations of an industry-wide decline of up to 15%. Sunnyvale, Calif.-based AMD battled head-to-head with Intel to secure a 21% market share in the first three months of the year, up from 17% a year earlier.
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