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    AMD stock prices overtake Intel’s for the first time in 15 years

    On Wednesday, local time, AMD opened its stock price at 57 dollars and closed at 61.79 dollars; Intel shares opened at 60.70 dollars and closed at 61.05 dollars. This is the first time AMD’s stock price has surpassed Intel in 15 years. 

    This is a monumental achievement for AMD, but it’s important to keep in mind that although the stock price is close, Intel’s market value is still more than 3.6 times that of AMD.

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    AMD released the latest 7nm Ryzen 4000 desktop APU on Wednesday, and the product line and layout are fully expanded. Intel said at its second-quarter financial report presentation meeting today that its 7nm process progress was postponed, and Intel’s stock price fell more than 10% in after-hours trading.

    since AMD released the first generation of Ryzen processors, its stock price has gone from $2 to $60 in five years. Therefore, industry analysts believe that AMD has ranked first in the S&P 500 Index in the past three years. 

    This month has generally not been kind to Intel as NVIDIA surpassed the chip maker in market value for the first time, becoming the largest chip manufacturer in the US by market value.

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    (Source)

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