Buy AMD as It Can Crush Intel Again in 2021
Advanced Micro Devices (NASDAQ: AMD) has come out on top in its fight against Intel (NASDAQ: INTC) for the x86 processor market in 2020, according to the latest market share numbers from Mercury Research.
Though there has been noise of Intel gunning for a comeback as its market share climbed in the fourth quarter of 2020 on a sequential basis, AMD investors need not be worried. The chipmaker looks all set to expand its market share further in 2021. Let's see why.
AMD exited the fourth quarter of 2020 with 21.7% of the overall x86 processor market (including desktops, laptops, and server processors) under its control. Intel commands the remaining market share. This is lower than the 22.4% share AMD held at the end of the third quarter but substantially higher than the 15.1% share it held at the end of the fourth quarter of 2019.
Source Fool.com