AMD vs Intel
AMD's share price plunged 20% amid exaggerated fears that Intel could recover from recent losses in the semiconductor market.
If Intel has changed the CEO and is just preparing to present a rethought schedule for the release of new products, then AMD already has a detailed development strategy. Recently, the launch of Zen 3 CPU for servers took place, and next year 5-nm Zen 4 will be released. At the same time, investors for some reason fear for possible competition from the former market leader. In fact, Intel may well stop producing new chips altogether, as they are significantly inferior in terms of the characteristics of the products of other players.
The new CEO of Intel manages the company only for a month, a week of which he spent on vacation. This time was hardly enough for a qualitative rethinking of technological processes and building a new strategy to avoid further loss of the market.
On the other hand, AMD representatives report that the release of new products will further increase the company's share in the server hardware market. Consumers are not ready to wait several years for new devices from Intel. Competition in the technology sector is extremely high: outdated equipment can deprive developers of an advantage and hurt revenue. By 2023, Wall Street expects AMD's revenue to grow by $2.8 billion and Intel's by $1.5 billion. There are no serious reasons for revising AMD's leading positions yet.