this post was submitted on 05 Nov 2024
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I predicted in 2017 stock price over $100 when that happened.
Took about 3-4 years longer than expected, but still congratulations to AMD, on their successful fight back from the brink of bankruptcy.
Not to diminish the hard work AMD has put in, but it's at least partially related to Intel's ongoing issues with quality assurance (or the lack thereof, rather), and thus it's arguable that they hold a stronger position at least partially due to Intel's weakness in the last 10 years.
Their market cap crossed paths well before that the 14th gen issues. Intel seems to be rushing things specifically because they're trying to catch up to AMD, and is sacrificing too much to get there.