Intel just warned investors that the hard drive shortage caused by the Thailand flood has impacted processor sales and will lead the company to report a revenue shortfall of about $1 billion in the fourth calendar quarter.
AMD, however, claims that the hit may be insignificant for its business. CEO Rory Read told Marketwatch that he does not see "major pressure in terms of the quarter." Read indicated that hard drive supply in the channel at the beginning of the quarter was healthy, which is in line with Intel's statements, but the blue team said that PC vendors are not ordering as many CPUs as they would in a normal circumstance.
Read conceded that there could be a stronger impact in Q1 or Q2 2012, but he "wouldn't bet against the supply chain," which he described as "very resilient." Read is confident that AMD can take back market share against Intel.
AMD has not issued a Q4 revenue warning and it appears that it is not seeing reasons to do so in the near future. The company will discuss its Q4 results on January 24 and recently scheduled its 2012 analyst day for February 2, which should bring more details how the hard drive shortage may or may not affect AMD's business. Analysts from IHS recently said that the overall hard drive supply will recover in the second half of next year, while IDC is more pessimistic and said that the effects of shortage may be around until 2013.