Intel?
AMD has been where to be for a few years now. Bought in when Ryzen and Vega were first brought out.
AMD has a p/e of over 160. Idk how much more growth you can squeak out of it.
I think we need to be very careful of some of these high p/e tech stocks. Eventually that money will flow out into other equities.
If you got in for the ride that is awesome though. It's been printing.
Something to keep in mind shorter term, AMD has been killing it recently in terms of the Intel vs. AMD war.
Their newest Ryzen 5000 chips are getting some major attention. Keep a lookout for the release date of those chips, if the claimed perofrmance is legit, it will be a big day for AMD.
Just my gut feeling but I don't think AMD is going to stopped or be overtaken by Intel, innovation wise, for a good bit yet. Unless they do something completely innovative at least die and power wise.
20 yearsish we'll probably see a 3rd party come on scene that's going to give both headaches. That company will be the first to introduce quantum processing to the masses.
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