Right. It's all about perceived future growth. AMD has a ton of room to grow. Intel does too, but not in the processor business where it's had a near-monopoly

Right. It's all about perceived future growth. AMD has a ton of room to grow. Intel does too, but not in the processor business where it's had a near-monopoly in some spaces. Intel also has challenges in other areas, and ARM is looking strong too. It also doesn't help Intel that the long-running data leakage issues hurt it a lot more than AMD.