---
title: "【260409】Intel vs. AMD Comparison"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39787292.md"
description: "Intel's current stock price is $58.9..."
datetime: "2026-04-08T22:45:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39787292.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39787292.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39787292.md)
author: "[欧阳大叔](https://longbridge.com/en/profiles/12946194.md)"
---

# 【260409】Intel vs. AMD Comparison

Intel's current stock price is $58.9.

Intel's current valuation = "Future earnings expectations × AI premium × Policy premium × Sentiment premium"

**Valuation Comparison Logic (Core Contradiction)**

**1) Intel**

Current Status:

-   EPS: Loss or near zero
-   PE: Meaningless (negative)
-   Forward PE: Approximately 90–100x

Conclusion:

Valuation entirely depends on future profit recovery

Belongs to "Expectation-priced Asset"

**2) AMD**

Current Status:

-   EPS: Approximately $2.6–2.7
-   PE: Approximately 80x
-   Forward PE: Approximately 25–30x

Conclusion:

High valuation but supported by profits

Belongs to "Growth-priced Asset"

**3) Essential Difference in Valuation**

Intel: Priced based on the future

AMD: Priced based on current growth

**Market Share and Competitive Landscape**

Current Structure:

Intel:

-   Still dominant in PC (~60%+)
-   But losing high-margin markets

AMD:

-   Rapid growth in servers (25–30%)
-   Grabbing high-margin markets

Conclusion:

Intel holds scale

AMD takes profits

**Business Model Difference (Crucial)**

Intel:

-   IDM model (Design + Manufacturing)
-   High capital expenditure
-   Foundry transformation (burning cash)

AMD:

-   Fabless model
-   Relies on foundries (TSMC)
-   High profit flexibility

Conclusion:

Intel = Heavy-asset manufacturing industry

AMD = Light-asset tech growth

**The Real Driver of Current Stock Price Rise** is not fundamentals, but:

1) AI expectations

2) Foundry transformation story

3) Policy support (Made in USA)

4) Imagination for major customers

Core: Capital is betting on the possibility of Intel's successful transformation.

$Intel(INTC.US) $AMD(AMD.US)

### Related Stocks

- [INTC.US](https://longbridge.com/en/quote/INTC.US.md)
- [TSM.US](https://longbridge.com/en/quote/TSM.US.md)
- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md)
- [04335.HK](https://longbridge.com/en/quote/04335.HK.md)

## Comments (7)

- **躺平致富 · 2026-04-09T01:29:07.000Z**: After all that talk, should I buy Intel or AMD?
- **西瓜moko · 2026-04-09T01:20:32.000Z**: Added a short position at 58.9
  - **欧阳大叔** (2026-04-09T10:08:20.000Z): This stock will definitely fall back to 50. It's just a matter of time.
  - **西瓜moko** (2026-04-09T10:31:04.000Z): The short position on SanDisk got squeezed. Luckily, I didn't buy much. I'll short it again when it hits 800.
  - **小L同学** (2026-04-10T15:55:07.000Z): SanDisk is a meme stock, you'd better not short it. Anyway, you need to be very cautious. I'm shorting Intel because I'm looking at its historically high volatility.
- **实习的交易员 · 2026-04-09T00:08:10.000Z**: How much lower can Intel go before it's a buy?
- **耳朵制造战争 · 2026-04-09T00:04:02.000Z · 👍 1**: Actually, this kind of analysis isn't very meaningful. It's true that the policy might fall through, but the earnings could also bomb. The neighbor "Dazi" has good earnings, right? But after the market has given it a high premium for several consecutive years, the market will instead start t