Friday, July 24th 2020
In Wake of Intel's 7nm Woes, AMD's Price per Stock Vaults Over the Blue Giant
Intel's announcement today that their 7 nm node is facing difficulties is being taken one of two ways: as an unmitigated disaster by some, and with a tentative carefulness (lest we see another 10 nm repeat) from others. However one looks at this setback, which means AMD will still enjoy a process lead over Intel for some extra time, this is good news for AMD in more ways than just that one.
Case in point: stock price. While AMD has a much lower market cap than Intel (calculated by multiplying the value of a single stock by the number of total issued stocks), today, for the first time since 2006, AMD's shares were more valuable than Intel's on a per-share basis. AMD's $70 billion market cap still pales in comparison to Intel's $215 billion. At time of writing, AMD's stock pricing is $18 higher than Intel, at $68.67 compared to Intel's $50.79. A first in many years for the green company.
Case in point: stock price. While AMD has a much lower market cap than Intel (calculated by multiplying the value of a single stock by the number of total issued stocks), today, for the first time since 2006, AMD's shares were more valuable than Intel's on a per-share basis. AMD's $70 billion market cap still pales in comparison to Intel's $215 billion. At time of writing, AMD's stock pricing is $18 higher than Intel, at $68.67 compared to Intel's $50.79. A first in many years for the green company.
34 Comments on In Wake of Intel's 7nm Woes, AMD's Price per Stock Vaults Over the Blue Giant
They have a "strong" portfolio despite their failings with their FPGAs, VPU, Nirvana training and inference chips, Optane persistent dimms and nvme drive and Habana labs being their latest acquisition, they have a lot going on that is all capable of being accessed through a common API. So even when they release their slow low core count ice lake chips... they will still have a niche to fight in...
They know they fucked up, so they have hedge their bets wide.
Also note... 7nm via tsmc was in roadmaps like 1yr+ ago... so switching to TSMC causing a 1yr delay means they flipflopped internally several times.
ARM will hold the supercomputer crown for less than a year.
Summit arrives in 2021 at 1.5 Exaflops 3x the arm, and then in 2022 a 2 exaflop also all AMD supercomputer will be launched.
arstechnica.com/gadgets/2019/05/cray-amd-to-build-1-5-exaflops-supercomputer-for-us-government/
Intel's 1 Exaflop appears to be delayed till 2022-23 due to their failings... and will be potentially half as powerful as the top AMD supercomputer when launched... Ouch.
Also... Don't tell ARF about pro gamers, he will just spontaneously combust.
Long term, especially with AMD getting to comparable size, it might not be sustainable for Intel to afford it, but nothing is stopping them from opening the gates for the third parties. Xe is not an actual product yet, and X86 just posted record profits.
Failing, my arse.