AMD surpassed rival Intel's market cap on Friday.
AMD stock rose over 3% for the day, giving the chipmaker a market capitalization of $153 billion. Intel fell nearly 9%, a day after disastrous earnings that missed expectations for profit and showed declining revenue. Intel's market cap was $148 billion
at the end of trading on Friday.
The shift is mostly symbolic, but it signifies a much more competitive market for PC and server chips, where the two companies compete directly.

I don';t report on financials anymore (unless it';s something truly unique), but this one I wanted to highlight simply because it highlights just how well AMD is doing. Only a few short years ago, this would';ve been unimaginable. Meaningless, sure, but
a sign of the times nonetheless.

https://www.osnews.com/story/135139/amd-passes-intel-in-market-cap/

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