There has been fierce competition between AMD and Intel in the processor industry in recent years. AMD managed to outperform Intel with its stock value.
AMD share rises 17 percent
Intel’s background in transition to 7 nm technology left the company in a very difficult situation. With this decision, AMD stepped ahead of Intel and made a big difference in market values.
Analysts even say that Intel’s recovery process can reach late 2021. This situation was reflected in the share values of the companies. Intel’s share value dropped 717 percent, suffering a huge loss. On the contrary, we can say that AMD had a great leap.
The share value of AMD, which experienced an increase of 17 percent, reached $69. Thus, the share value, which was around $30 in November, has increased to more than double levels in a very short time. AMD’s passing over Intel in the stock values is also considered a first in 15 years. We can say that it will not be a surprise that AMD continues this successful graphic.