Monday, December 5, 2022
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AMD is now more expensive than Intel. The market capitalization of the first exceeded the capitalization of the second

AMD overtook Intel in terms of market capitalization.

A few years ago, many could hardly have thought of this, but AMD has been actively growing in recent years, and Intel is now at the end of October.

More locally, AMD shares rose 3% on the day, while Intel shares after publication of the financial report fell 9%. As a result, the capitalization of the former reached $153 billion, while the capitalization of the latter decreased to $148.5 billion.

Of course, AMD is far from Intel in many financial indicators, but the current situation, firstly, shows that AMD has been moving globally only upwards for a long time, and secondly, that investors now believe in AMD more. By the way, AMD will publish its financial report only on Tuesday.

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