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AMD market capitalization surpassed Intel for the first time on February 15, 2022
AMD's stocks pulled back today. At 2:47PM EST, Intel is about $6 billion more than AMD in terms of market capitalization.
AMD's amazing turnaround will be a good case study for many years into the future.
This is due to P/E disparity (45 vs 10). Good for AMD (obviously) but, compared to Intel, they are still a midget in all regards but P/E.
This is due to P/E disparity (45 vs 10). Good for AMD (obviously) but, compared to Intel, they are still a midget in all regards but P/E.
It reflects the value of the new AMD after completing their acquisition of Xilinx.
