Mellanox brushes off Intel, share price soars

New York

IN A battle for market share with the world's largest chipmaker, a little trash talking can go a long way.

That was what Eyal Waldman, chief executive officer of Mellanox Technologies Ltd, tried when he brushed off Intel Corp's rival hardware on an analyst call last week, accusing the company of scaling back expectations for the speed of its product. Intel is "lowering the estimated performance by more than 30 per cent from their previous public statements", Mr Waldman said.