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

Core Insights - Advanced Micro Devices (AMD) has a market capitalization of $261 billion and nearly $30 billion in revenue over the last 12 months, but it is overshadowed by Nvidia in the AI data center chip market [1] - AMD's market share in the desktop computer processing market has reached a new high of 32%, significantly reducing Intel's dominance from a 9:1 lead to a 2:1 advantage since 2016 [2] - Nvidia's recent $5 billion investment in Intel and the collaboration to design and manufacture custom CPUs could hinder AMD's growth and potentially benefit Intel [3][4] Company Performance - AMD's stock has increased by 33% this year, closely following Nvidia's 35% gain, and outperforming the Nasdaq 100 Index's 17% year-to-date gain [5] - AMD's forward price-to-earnings (P/E) ratio is around 41, which is more reasonable compared to its five-year mean of 166, while its forward price-to-sales (P/S) ratio of 8 is more favorable than Nvidia's 21.4 [6]