Intel vs AMD
I follow the semiconductor companies lately. Intel 7nm delayed till 2022 is sending its closest competitor AMD’s share price to the roof.
From AMD quarterly report, its 3Q outlook revenue is expected to reach $2.55b plus/minus $100m. That is 32% increased from current quarter of $1.93b. AMD is confident to announce in its report showing that the sales pipelines are already there.
AMD is doing a very good job. Its CPU is gaining a lot of traction. No wonder its share price has been climbing since 2018.
However when I compare both AMD and Intel valuation; it is obvious that AMD is overvalued. It is a good stock but it is not the right price to enter for now.