- Nov 10, 2017
If you've been investing in Intel stock over the last few years, you've undoubtedly witnessed pretty significant growth. But if you've been investing in AMD, then you're probably even more chuffed right now. That's because AMD's stock price has just surpassed that of Intel, marking the first time this has happened since 2006.
Currently priced at $61.79, AMD's stock price is just a hair more valuable than Intel's at $61.57 (7:45 am Pacific Time), though the two have been battling for the top spot over the last few hours. This comes after AMD broke its all-time stock price record at the start of this year.
Of course, it must be said that the stock price says nothing about the company's value. For that, you would need to multiply the stock price by the number of shares, and that's when things end up looking totally different.
AMD has a market cap of $72.43 billion USD, whereas Intel is far more valuable at $260.79 billion USD -- and that, again, doesn't say much about what the company is worth in actual assets.
What these figures do show is that there is quite a bit of optimism among investors right now, which isn't surprising given AMD's history. Ever since Lisa Su became the company's CEO, AMD has been growing tremendously. In fact, Su has been named one of the world's best CEOs.