AMD's market value approaches $190 billion and then surpasses Intel
$Advanced Micro Devices(AMD.US$ has been on the rise in recent weeks thanks to strong quarterly reports and expectations, as well as the completion of its acquisition of $赛灵思(XLNX.US$, the stock's current market value has risen from its undervalued earlier this year. $125 billion surged to top $188 billion. In contrast, $Intel(INTC.US$ closed down nearly 0.8% on Tuesday and is now valued at about $182 billion. It is reported that when AMD closed last Tuesday, the stock value surpassed Intel for the first time.
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Casperwolf : Intel has a long history of around 57$ resistance level with repeated dips into the 40's. It will rise again with the rest of the market retaking, at least temporarily its place over AMD. However if you are in for the long game it is possible AMD may eventually outperform.
efficentupupOP Casperwolf: