Is It Too Late to Buy AMD Stock?
AMD's (NASDAQ: AMD) stock has soared roughly 2,670% under Lisa Su, who succeeded Rory Read as the chipmaker's CEO in Oct. 2014. When Su took the helm, AMD was still struggling to keep pace with Intel (NASDAQ: INTC) in x86 CPUs and NVIDIA (NASDAQ: NVDA) in GPUs.
But today AMD is comfortably ahead of Intel in the process race to create smaller and more power-efficient chips. Between the third quarters of 2014 and 2021, AMD's share of the x86 CPU market jumped from 23.6% to 41.1%, according to PassMark Software, as Intel's share fell from 76.3% to 58.8%.
AMD faced a tougher battle against NVIDIA in the GPU market, where it remained boxed in by its larger rival. Between the first quarters of 2019 and 2021, AMD's share of the discrete GPU market slipped from 28% to 19%, according to JPR, while NVIDIA's share rose from 72% to 81%.
Source Fool.com
