Investors had been anxiously awaiting the second-quarter earnings report from Advanced Micro Devices (NASDAQ: AMD) earlier this week, especially after a report from Intel (NASDAQ: INTC) last week showed it had missed revenue and earnings estimates by a wide margin.

But AMD said it beat analyst estimates for revenue and earnings when it reported on Aug. 2. That strongly indicates Intel's challenges are more internal than a reflection of all semiconductor stocks.

Based on AMD's report investors are now wondering whether AMD will take a permanent lead over Intel or if there's still hope for an Intel comeback?

Continue reading

Source Fool.com