Better Buy: Advanced Micro Devices, Inc. vs. Intel Corporation
AMD (NASDAQ: AMD) and Intel (NASDAQ: INTC), the only two remaining makers of x86 processors, have been fierce rivals for decades. AMD nearly caught up to Intel in the PC market during the early 2000s, but it gave up those gains over the past decade as Intel retaliated with new chips and fierce marketing blitzes.
But now the tables seem to have turned again. AMD is striking back at Intel with new processors for PCs and data centers, and Intel seems to be losing its competitive edge in both markets. I compared these two stocks last August, and concluded that AMD was a better buy.
Source: Getty.
Source: Fool.com
Intel Corp. Stock
€18.05
-4.030%
Our community is currently high on Intel Corp. with 22 Buy predictions and 16 Sell predictions.
With a target price of 38 € there is potential for a 110.55% increase which would mean more than doubling the current price of 18.05 € for Intel Corp..
