https://www.tomshardware.com/news/amds-market-cap-surpasses-intel
3 replies (most recent on top)
There was a time I owned over 10,000 shares of Intel outright, which was about 1/500,000 of the outstanding shares. Every time they blew another billion dollars on a cr-p investment I saw $2000 of my money going down the toilet. I got tired of that game a long time ago and ditched that pig.
Two decades later I don't think anyone could say that wasn't a good decision, and I don't see any realistic reason to invest a nickel back into them.
This might just be the domino effect similar to Nokia and Ericsson on mobile phone space..
AMD's acquisition of Xilinx looks promising. In contrast I can't think of any good acquisition by Intel in recent years. The one that notoriously failed was Infineon wireless in 2010/11 - they didn't even had a 4G chipset at that time and was already 2-3 years behind their competitors. Eventually Intel had to fold the cellular business in 2019 after losing billions.