AMD is now more expensive than Intel. The market capitalization of the first exceeded the capitalization of the second

 AMD is now more expensive than Intel. The market capitalization of the first exceeded the capitalization of the second

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

More locally, AMD shares rose 3% on the day, while Intel shares fell 9% following the release of the financial report. As a result, the former's capitalization reached $153 billion, while the latter's capitalization fell 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 only upward globally for a long time, and secondly, investors now believe in AMD more. By the way, AMD will release its financial report on Tuesday itself