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Intel CEO Kissinger responded that the market value was surpassed by AMD: the stock price fell is self-inflicted

  • linda
  • 2022-07-31 14:26:39
  • 216 read
AMD, the world's second-largest microprocessor manufacturer, has continued to rise in its share price recently....

AMD, the world's second-largest microprocessor manufacturer, has continued to rise in its share price recently. It closed up more than 3% on July 29, and its market value climbed to $153 billion, surpassing Intel, whose stock price plummeted that day. Intel CEO Pat Kissinger said in an interview on the same day that the stock price fall was self-inflicted, and the stock price should indeed fall, but he reiterated that this is Intel's bottom, which means that it will prepare for a rebirth next.

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