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Markets · Investing · Business
Finance
Better Buy: AMD vs. Intel After Intel's Monster Run
Both chipmakers have soared on the AI boom, but only one looks like the clearer buy at today's prices.
For most of the past decade, Advanced Micro Devices(NASDAQ: AMD) and Intel(NASDAQ: INTC) were moving in opposite directions. AMD kept taking market share in processors and pushed hard into artificial intelligence (AI) chips, while Intel struggled through manufacturing delays and management turnover. Then Intel's stock came alive. Shares have surged more than 500% over the past year.
AMD has been a winner too, with its stock up more than 300% over the same stretch. But Intel's run has been the faster of the two, narrowing a gap that not long ago looked permanent.
Details
So after a rally like that, which of these chip rivals is the better buy today?
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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