Is AMD Hurting the Entire Industry?

[Jason425]

http://www.iht.com/articles/537180.html

Why do I ask?

Chip stocks fell across the globe on Friday after Intel, the market leader, slashed its forecasts for revenue and profit margin for the third quarter, citing unexpectedly weak demand.

and later

Walia, at RBC Capital Markets, said the softness in Intel's communications business was a result of intense price pressure in competition with Advanced Micro Devices.
.
"They are seeing vicious competition from AMD in flash," Walia said.

therefore it follows that AMD is destroying the chip industry..