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Why AMD Might Benefit from Intel's Leadership Change

Tuesday, December 3, 2024

Intel’s sudden CEO change seems to be great news for AMD. The chipmaker has been under pressure, and now, with a management shakeup, things could get even tougher for Intel. Lisa Su, AMD’s CEO, has turned the company around since 2014, making it a fierce competitor. As Intel struggles, AMD has snatched market share, particularly in data centers. Both companies once dominated the server and PC markets, but AMD has been gaining ground. Financial reports show Intel’s data center revenue dropping significantly since 2021, while AMD’s has been growing. Experts think AMD could get an even bigger boost if Intel’s troubles continue. AMD’s stock rose after the news, indicating investors’ confidence. However, AMD’s stock has been down this year, which might be due to a slow start in the AI PC upgrade cycle. Despite this, analysts believe AMD's future looks bright.

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