Intel Soars on Nvidia Deal, But This 1 Stock Could Be the Biggest Loser

Advanced Micro Devices (AMD) is a mammoth semiconductor company, with a market capitalization of $261 billion and nearly $30 billion in revenue in the last 12 months. But despite all that, it’s completely overshadowed by Nvidia (NVDA) in the race to outfit data centers with the best chips powering artificial intelligence (AI).

One area where AMD could thrive is in the desktop computer processing market, where its market share of 32% is at a new high, as it continues to erode Intel’s (INTC) position. Less than a decade ago, Intel held a 9:1 lead, but AMD has carved that down to just a 2:1 advantage since 2016.