The chipmaker is regaining market share against AMD and its performance is looking "pretty good", says Intel chairman Craig Barrett.
Barrett also told Reuters in an interview that the world's largest chip company is fairly insulated against the US economic slowdown as most of its business is overseas.
"I think we're in a very strong competitive position vis-`a-vis AMD," Barrett said. "If you looked at the performance over the last six or nine months, we have been very successful in regaining market share and the competitiveness of our products looks very good so we're very happy with our position."
Barrett declined to comment on current demand or update the company's financial outlook but he said: "We've given guidance on our performance and it looks pretty good."
Intel earlier this month boosted its revenue to between $9.4 billion and $9.8 billion for its current quarter, which is completed around the end of September. That compared to an earlier target range of $9 billion to $9.6 billion, and $8.74 billion in the year-ago period.
Barrett said his company has been regaining market share from Advanced Micro Devices with new products. Intel has also fought market share losses to AMD with price cuts to older products.
Intel stumbled in 2005 but it started introducing chips with new designs in the middle of last year that have helped the company regain market share against its smaller rival.
Earlier this month, AMD introduced a line of chips code-named Barcelona that have four cores, the main computing engines in computers, to compete with quad-core processors from Intel.
When asked whether he had concerns about a US economic slowdown, Barrett said most of Intel's business is abroad.
"The bulk of our business is outside the US. The growth of our business is predominantly in emerging markets," he said.
"If there was a worldwide slowdown, that would be a concern to us," Barrett said. "But most of the dialogue has been on the US."
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