I never thought I'd see this day when AMD is worth more than INTC. and INTC has probably 100x more employees. What bad efficiency
INTc has been selling flash below cost for sometime. The financials are big enough to hide the losses, but they affected AMD worse - thus AMD is spinning off Spansion.Take a look at AMD's earnings in their cpu group by itself... might be more meaningful without the losses from flash.Once Spansion is gone, the earnings statement, P/E and balance sheet all improve. Spansion owes AMD about $350M which will be repaid at the IPO.Plus
No its notIntel has a market cap of 138 BillionAmd is only 9 Billion. Its just that intel has a lot more outstanding shares.AMD is growing much faster than intel and deserves a better multiple than intel so at these valuations AMD is a much better buy.