AMD is now worth more than Intel

Stefan Mileschin · 25th February 2022, 08:12

At least before Putin helped Chipzilla out

For the brief time before the Russians caused the share market to go “tits up” AMD had a market cap which was higher than Intel.

AMD's market cap currently stands at $188 billion after shares rose nearly two per cent in Tuesday's session. Intel's market cap is $182 billion.

It is the second time in a week AMD's market value has climbed above Intel -- the first time it happened was a week ago.

AMD has been convincing Wall Street that it is a better bet and last week closed on its $35 billion acquisition for Xilinx. The company has posted better financials than Intel (for some time) as it has gained market share in key areas (notably in servers).

AMD's sales and profits rose 68 per cent and 117 per cent, in 2021. The company outlined 31 per cent revenue growth for 2022 and gross profit margins of 51 per cent.
Intel's 2021 sales and earnings increased two per cent and seven per cent, respectively. The company sees sales in 2022 rising about two per cent. Profits are expected to drop 36 per cent as Intel further builds out its chip-making capacity.

https://fudzilla.com/news/54428-amd-...ore-than-intel

25th February 2022, 08:12	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,678	AMD is now worth more than Intel At least before Putin helped Chipzilla out For the brief time before the Russians caused the share market to go “tits up” AMD had a market cap which was higher than Intel. AMD's market cap currently stands at $188 billion after shares rose nearly two per cent in Tuesday's session. Intel's market cap is $182 billion. It is the second time in a week AMD's market value has climbed above Intel -- the first time it happened was a week ago. AMD has been convincing Wall Street that it is a better bet and last week closed on its $35 billion acquisition for Xilinx. The company has posted better financials than Intel (for some time) as it has gained market share in key areas (notably in servers). AMD's sales and profits rose 68 per cent and 117 per cent, in 2021. The company outlined 31 per cent revenue growth for 2022 and gross profit margins of 51 per cent. Intel's 2021 sales and earnings increased two per cent and seven per cent, respectively. The company sees sales in 2022 rising about two per cent. Profits are expected to drop 36 per cent as Intel further builds out its chip-making capacity. https://fudzilla.com/news/54428-amd-...ore-than-intel

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Is ray tracing really worth it?	Stefan Mileschin	WebNews	0	11th August 2021 06:36
Are Intel’s 10nm Ice Lake CPUs worth the wait?	Stefan Mileschin	WebNews	0	2nd August 2019 13:22
Intel flogged a $1 billion worth of AI chips last year	Stefan Mileschin	WebNews	0	10th August 2018 07:49
Intel Dishes On What Makes H.265 Worth Waiting For @ Techgage	Stefan Mileschin	WebNews	0	6th March 2013 10:07
Intel Core i7 875K: worth the wait as we hit 4.8	jmke	WebNews	0	28th May 2010 15:12
Intel is hungry for $7 billion worth of 32nm equipment	jmke	WebNews	0	7th May 2009 14:10
Intel Core 2: Is high speed memory worth its price?	jmke	Articles & Howto's	21	22nd August 2006 12:18
AMD Sempron: Worth considering?	jmke	WebNews	1	2nd July 2004 02:44
what's a Dremel worth	TeuS	Mad Bargains	9	11th May 2003 19:06
Is this worth it ?	JaNeBa	General Madness - System Building Advice	2	10th May 2003 12:21