On August 5, according to foreign media reports, the stock price of AMD, a chip supplier,In this year, there has been an obvious increase, with the increase of more than 85%. At present, the market value is close to 100 billion US dollars, but there is still a big gap between Intel and its competitor.
Amd closed at $85.04 on Tuesday, up $7.37, or 9.49%, from $77.67 at the end of the previous session.
At the end of the last trading day in 2019, AMD's share price was $45.86, up $39.18, or 85.43%, from $85.04 on Tuesday.
The stock price rose sharply,The market value of AMD has also increased significantly. According to the closing price on Tuesday, the market value of AMD is $99.842 billion. If the share price rises by 1.6%, its market value will exceed 100 billion US dollars.
But compared with Intel, its competitor for many years, amd still has a big gap in market value.
Since July 23,Intel shares fell significantly, closing at $49.13 on Tuesday, with a market value of $208.95 billion, still more than double that of AMD.