The 1 Value Stock I'm Buying Right Now
Semiconductor manufacturer Intel (NASDAQ: INTC) was asleep at the wheel as rival Advanced Micro Devices (NASDAQ: AMD) rose from the dead. AMD's products were terrible from 2011 through 2017, built on a failed architecture that came nowhere close to competing with Intel. But that changed in 2017 with the launch of AMD's Zen-based processors. AMD is now on the fourth generation of Zen, and its chips have surpassed Intel on essentially every metric.
It's clear that Intel underestimated the threat AMD posed. Chronic manufacturing problems for Intel, the rapid progress of third-party foundries like Taiwan Semiconductor (NYSE: TSM), and better product designs from AMD converged to propel AMD back into a competitive position in the CPU market. It wasn't long ago that Intel had seemingly insurmountable architecture and manufacturing leads over AMD. Now it has neither.
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Source Fool.com
