{"id":434304,"date":"2022-02-17T14:01:19","date_gmt":"2022-02-17T12:01:19","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=434304"},"modified":"2022-02-17T14:55:06","modified_gmt":"2022-02-17T12:55:06","slug":"amd-is-now-worth-more-than-intel","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/hardware\/434304-amd-is-now-worth-more-than-intel.html","title":{"rendered":"AMD is now worth more than Intel"},"content":{"rendered":"

AMD achieved an astonishing feat on Wednesday \u2014 surpassing its biggest rival, Intel, in terms of market capitalisation.<\/p>\n

At the close of the market on 16 February 2022, AMD had a total market cap of $197.75 billion (R2.98 trillion), compared to Intel’s $197.24 billion (R2.97 trillion).<\/p>\n

AMD’s market cap surged after it completed its $49-billion (R735 billion) acquisition of programmable logic semiconductor and software maker Xilinx.<\/p>\n

That resulted in 248.38 million Xilinx shares being converted into 428 million new AMD shares, boosting AMD’s total share count from 1.2 billion to 1.628 billion.<\/p>\n

The significant milestone comes despite Intel still commanding roughly 75% of the overall x86 market share and generating more annual revenue and profit than AMD.<\/p>\n

But investors appear more optimistic about AMD’s prospects.<\/p>\n

This is evident when comparing the share price performance of the two companies over the last five years.<\/p>\n

At the close of the market on 17 February 2017, AMD shares were trading at $13.13, while Intel shares stood at $36.48.<\/p>\n

As of yesterday, AMD shares were up 825%<\/strong> to $121.47, while Intel’s only increased 33%<\/strong> to $48.44.<\/p>\n

The charts below show the movements in share prices of AMD and Intel in the past five years.<\/p>\n

AMD share price \u2014 17 February 2017 to 16 February 2022<\/h3>\n

\"\"<\/a><\/p>\n

Intel share price \u2014 17 February 2017 to 16 February 2022<\/h3>\n

\"\"<\/a><\/p>\n

Analysts have recognised CEO Lisa Su as one of the driving forces behind AMD’s impressive turnaround.<\/p>\n

The company was on the edge of bankruptcy when Su took over in 2014.<\/p>\n

Su spearheaded the development of AMD’s impressive Zen microarchitecture, first launched in 2016.<\/p>\n

Now in its third generation, the chips based on this design are renowned for packing a large number of cores that provide excellent multi-core performance.<\/p>\n

As a result, AMD has made gradual gains in the home PC and server markets, eating away at Intel’s slice of the pie.<\/p>\n

AMD has also consistently remained Sony and Microsoft’s preferred chip for their PlayStation and Xbox gaming consoles.<\/p>\n

Intel fighting back<\/h3>\n

Intel is also facing new competition from Apple, which previously used its chips for its Mac systems but started replacing these with its own M1 chips in 2020.<\/p>\n

Apple has completely switched over to its own silicon, which offers improved performance and power efficiency.<\/p>\n

Intel CEO Patrick Gelsinger has been punting a comeback plan that includes greatly improved performance that promise to outshine Apple’s designs.<\/p>\n

Recent benchmarks of Intel’s 12th-gen Core i9-12900HK notebook processor show it beating Apple’s top-end M1 max in performance, but struggling in the power efficiency department.<\/p>\n

Gelsinger also wants to steer Intel into becoming a chip foundry business that will produce semiconductors for third parties.<\/p>\n

But investors have remained bearish on Gelsinger’s ambitious strategy, which requires significant expenditure.<\/p>\n

Now read: Samsung drops own chip for Galaxy S22 in South Africa<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

AMD is now more valuable than Intel, despite having less market share, revenue, and profit. <\/p>\n","protected":false},"author":341042,"featured_media":351933,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[15],"tags":[577,605,67578,73014,131,74122,71088,39312],"class_list":["post-434304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-amd","tag-apple","tag-apple-m1","tag-chip-manufacturers","tag-intel","tag-lisa-su","tag-pat-gelsinger","tag-xilinx"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/434304"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341042"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=434304"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/434304\/revisions"}],"predecessor-version":[{"id":434354,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/434304\/revisions\/434354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/351933"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=434304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=434304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=434304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}