AMD stock surges past Intel for first time in more than a decade

Hp Envy X360 13 Amd 2020 Hero
Hp Envy X360 13 Amd 2020 Hero (Image credit: Daniel Rubino / Windows Central)

What you need to know

  • AMD stock prices surpassed Intel's for the first time since 2006.
  • AMD's market cap is $72.43 billion while Intel's is $260.79 billion.
  • The surge in AMD's stock is in large part due to its Zen architecture and Ryzen CPUs.

AMD's stock price recently passed Intel's stock price for the first time since 2006. AMD's stock price recently hit $61.79 while Intel's sat at $61.57. The two company's stock prices jockeyed for top position for some time, but the trend illustrates a consistent rise from AMD.

This is the first time since 2006 that AMD's stock price is higher than Intel's. While a milestone, it's important to place these figures into context. As pointed out by Tom's Hardware, AMD stock prices are not an indicator of a company's total value. AMD's market cap is $72.43 billion while Intel's is at a sizably larger $260.79 billion.

Stock prices, instead, indicate optimism among investors. AMD's Zen architecture and its Ryzen line of CPUs continues to do well. In contrast, Intel is struggling to move to 7nm chips. Intel recently announced that it's delaying its 7nm chips to 2022 or 2023. AMD's Ryzen chips have earned a strong reputation for delivering a lot of bang for your buck, as shown by the Ryzen-powered HP Envy x360 13 making our list of best Windows laptops.

Sean Endicott
News Writer and apps editor

Sean Endicott brings nearly a decade of experience covering Microsoft and Windows news to Windows Central. He joined our team in 2017 as an app reviewer and now heads up our day-to-day news coverage. If you have a news tip or an app to review, hit him up at sean.endicott@futurenet.com (opens in new tab).

9 Comments
  • The stock price is meaningless, the market capitalization matters.
  • ^ This. This is a meaningless milestone.
  • What kind of uninformed article is this?
    Stock price is not the true value of a stock, it is the Market Capitalization. Are you saying Adobe at $426.03 is far better stock than Apple at $361.8 per share while Adobe has $204.35B vs Apple at $1.57T Market Cap? The Market Cap is a company's total worth, So, AMD gained nothing as it is worth approximately 3.5X less than Intel. Jeez Ok, you got me, and I fell for the click bait.
  • It's not an article. Articles have at least 500 words. This barely qualifies as a Facebook post.
  • Oh, I see you guys are running with this meaningless headline too. This isn't some fanboy thing, just bad analysis. The stock price is not a relevant metric when comparing two companies, nor do they "instead, indicate optimism among investors" as the article states. But I clicked and commented...hooray tech journalism!
  • AMD is the way to go!! Intel been screwing us for too long.
  • As others have already said, the market cap is the metric that matters, not stock price. Stock price is just market cap (the actual measure of a company's value in the marketplace) divided by the total number of shares outstanding. It is meaningless by itself.
    Having said that, if neither Intel nor AMD has had any change to the number of shares outstanding (no stock splits, no major issuances (stock sales or as compensation), and no stock buybacks) since that 2006 point, then this would at least be meaningful in a relative way: because price and market cap are linearly related (if one increases by 5x the other also increases by 5x), with no change to number of shares this would also mean that the market cap had achieved a ratio relative to Intel's it hadn't since 2006. But I suspect both have had significant changes to the number of shares outstanding, so even this probably doesn't work.
  • Surge - "move suddenly and powerfully forward or upward." In what way did AMD "surge"? This seems like hyperbolic reporting.
  • My AMD stock is up over 50% in just the past few weeks... so uh.. surge is the right way to describe that.