Intel’s market cap: 98b $
AMD’s market cap: 230b $
Their P/E is 125
One fucking hundred and twenty five.
That’s more than twice Nvidia. It’s completely disconnected from reality.
What the fuck??? Insert Jumanji meme “What year is it?”
Numbers check out too. Wintel, slayed, and we didn’t even notice.
The whole ring -3 / MINIX business a while back put a serious amount of FUD into the market and Intel has been on the wane ever since.
This is not necessarily unfounded FUD either. MINIX is literally there, lurking inside all modern Intel processors, waiting to be hacked by the enterprising ne’er-do-well. (NB: This is not to say that there aren’t ways to do similar things to AMD chips, only that MINIX is not present in them, and it’s theoretically a lot more difficult.)
Then bear in mind that MINIX was invented by Andrew Tanenbaum, someone Linus Torvalds has had disagreements with in the past (heck, Linux might not exist if not for MINIX and Linus’ dislike of the way Tanenbaum went about it), and so there’s an implicit bias against MINIX in the data-centre world, where Linux is far more present than it is on the desktop.
Thus, if you’re a hypothetical IT manager and you’re going to buy a processor for your data-centre server, you’re ever so slightly more likely to go for AMD.
Note that Linus’ disagreement was largely over design decisions and microkernel stuff. Linus actually respects Tanenbaum a great deal. Tanenbaum’s book on operating systems is a CS classic and is a direct influence on the young Linus.
I predicted in 2017 stock price over $100 when that happened.
Took about 3-4 years longer than expected, but still congratulations to AMD, on their successful fight back from the brink of bankruptcy.Not to diminish the hard work AMD has put in, but it’s at least partially related to Intel’s ongoing issues with quality assurance (or the lack thereof, rather), and thus it’s arguable that they hold a stronger position at least partially due to Intel’s weakness in the last 10 years.
Having a usable product while your opponents continually shoot themselves in the foot is a viable market strategy.
Valve Corporation has entered the chat.
What is this strategy called?
“Basic competence?”
Intel’s flagship 128-core Xeon 6980P ‘Granite Rapids’ processor costs $17,800, making it the company’s most expensive standard CPU ever. By contrast, AMD’s most expensive 96-core EPYC 6979P processor costs $11,805.
Jesus Christ when did we break 20 cores?
have you actually been living under a rock or something
