HomeTech NewsAMD's market cap surpasses Intel

AMD’s market cap surpasses Intel

49 billion dollars. This is the amount AMD invested last week as part of its acquisition of Xilinx, a Californian semiconductor giant. This acquisition allowed AMD to increase its market value to $198 billion, thus surpassing that of rival Intel ($193.70 billion as of February 21).

amd hisse

Investors are buying AMD stocks

Another reason for this increase in AMD’s valuation was that after the takeover of Xilinx, investors bought a large amount of the company’s shares, causing a sharp rise in the stock. This added value to the company’s value. Click here for more tech news.

Mehmet S. Kaya
Mehmet S. Kayahttps://teknonel.com
Mehmet is one of the administrator of Teknonel. As a software developer, he loves to share his knowledge in related topics. He is highly familiar with the editorial process from the inception of an article idea, through the iterative process, publishing, and performance analysis as well as product reviews.

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