Yes. AMD has been doing that forever. Kids. They think AMD is going somewhere.
I think people have been saying the same thing since AMD was making their clone 286s, 386s, 486s, 5x86s, K6s, K6-2's, Athlons, AthlonXPs, Athlon64s, Athlon X2s, ... never mind. AMD's deathblow has been dealt over 9000 times. It's not going to happen.
For such a shitty little company- AMD is giving Intel a run for its money. AMD has a huge *CASH* infusion, and a new investor, new factories, R&D - and effectively - a competitive advantage given to them in a market of extreme difficulty.
Sure, Intel may be superior - but - this is an AMD market, not an Intel market. You need to look at more aspects, than just "zomg which is better".
Because the guy on a budget ( eg: your parents, the rest of the world, people who pay rent ) - doesn't exactly want or need an i7.
For my own case, I'd rather buy a pimp GPU - or 2 - than an i7. I've never gotten awesome gaming out of an uber CPU.
Though, I've always gotten good results from a good GPU.
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kureshii is right. People easily forget the days when Intel had 90% market share (mid 90s), before AMD bought NexGen and started making CPUs that were a fraction of the cost of Intel - and offered equal or better performance. PCs were $2000.00 for something decent then.
Intel, was *forced* to bring their prices down when the market split 50-50.
You should be rooting for AMD - or else you probably wouldn't HAVE an i7. ( or it would have cost you twice as much. )