Tuesday, February 15th 2022
AMD Market Cap Now Higher Than Intel's After Xilinx Acquisition
Following its acquisition of FPGA and network hardware giant Xilinx, AMD is a larger company in terms of market capitalization. At closing bell on Tuesday (15/02), this figure stands at $199.58 billion, which for the very first time in AMD's history, beats rival Intel, which closed at $197.20 billion. Chiakokhua, aka Retired Engineer, provided the calculation that arrives at the $199.58 billion market cap. Before close, AMD had a share-count of 1.216 billion. 427 million shares were issued to Xilinx shareholders, resulting in a share-count (after close) of 1.643 billion, which at a share price of $121.47 works out to $199.58 billion. At $121.47, AMD is still trading around 26% lower than its all-time high price of $165.46.
Source:
Retired Engineer (Twitter)
38 Comments on AMD Market Cap Now Higher Than Intel's After Xilinx Acquisition
If/When Intel finalizes its acquisitions of Tower, the lead will be short lived.
Very confusing that the article acknowledges that AMD's stock is 26% off the all-time-high but then goes on to claim that it's the first time it has gone past Intel (Hint : Intel's stock is not down 26% since AMD hit its all time high). Very unlikely... Tower is "only" worth 5B and the acquisition will take a year to go through. By that time, there's every chance that AMD's stock would be up by 3% or more.
Investor's wants growth and stock prices to increase, Intel being so dominate in the past means that there is not a whole lot it can grow now that AMD is back on its feet.
The only movement was down or stagnation in Intel's main business.
This is why for years, Intel have been trying to diversify with acquisitions to find an area where they can grow.
www.techpowerup.com/291548/amd-reports-fourth-quarter-and-full-year-2021-financial-results
www.techpowerup.com/291360/intel-reports-fourth-quarter-and-full-year-2021-financial-results
Pre merger ~
AMD today announced revenue for the fourth quarter of 2021 of $4.8 billion, operating income of $1.2 billion, net income of $974 million and diluted earnings per share of $0.80.
Starting with quarterly results, for the fourth quarter of 2021, Intel reported $20.5B in revenue, which is a small jump of 3% over the year-ago quarter.
Intel = too stable = no 'Stonks" :laugh:
6 months from now is going to look very interesting. i think intel is probably hiding something up their sleeve, possibly even stockpiling the 3070 ti killer as i type this.
www.tomshardware.com/news/raja-koduri-explains-why-intels-outsourcing-gpu-manufacturing-to-tsmc
stealborrow some from ASML & make their fabs the "best" in the world. You need experienced personnel & a lot of trial & error, except in case of Intel there was a lot of error!My take is that Intel will mostly release mobile GPU chips in abundance this year. Discrete GPU chips will ship in small quantities to far flung OEMs and Chinese internet cafes this year.
edit: And right on cue, a story at Videocardz about DG1. Same thing could happen with DG2 in the first six months of availability.
videocardz.com/newz/chinese-gunnir-is-now-selling-discrete-desktop-graphics-card-with-full-intel-dg1-gpu