AMD market cap surpasses Intel for the first time

With the acquisition of Xilinx, AMD has increased the number of shares significantly, thereby increasing its market value. For the first time in its history, Intel has lagged behind its rival.
 AMD market cap surpasses Intel for the first time
READING NOW AMD market cap surpasses Intel for the first time

We are facing one of the historical moments in the chip world. Intel, which has reached twice the market value of its rival AMD from time to time, fell behind for the first time. Of course, with the change in the number of shares with the Xilinx acquisition.

How much was AMD market value?

In fact, AMD shares had peaked briefly at $165.46 a while ago, leveling their market cap with Intel, but that didn’t last long. With the Xilinx acquisition, there have been permanent changes.

AMD reaches record share

Added 6 days ago

AMD normally had 1.216 billion traded shares. A total of 427 million more shares were distributed to Xilinx investors. Thus, the number of shares rose to 1.643 billion. Its market value reached 199.58 billion.

Intel’s market value is around 197 billion dollars. AMD ranked fifth in the ranking of the most valuable chip stocks with the revision. Nvidia is the leader with $660 billion, while TSMC is second with $645 billion and Samsung is third with $248 billion.

  • Home
  • Hardware
  • Processor News
  • New success from AMD

Comments
Leave a Comment

Details
192 read
okunma30087
0 comments