How Chip Giant AMD Finally Caught Intel?

When it outperformed Intel in terms of market cap for the first time ever this year, chip giant Advanced Micro Devices created history. Intel has always been the leader in the market for computer processors, but since it bought adaptive chip maker Xilinx for $49 billion in February, AMD has grown. Currently, AMD CPUs may be found in two Tesla vehicles, the fastest supercomputer in the world, 5G cell towers, and NASA’s Perseverance rover on Mars.

CEO Lisa Su was interviewed by CNBC about AMD’s amazing comeback, huge bets on new chip designs in the face of a PC downturn, new export restrictions to China, and how the market is changing.