AMD or Intel: 1 Chip Stock Is the Clear Winner

Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC), two of the leading semiconductor companies, are capitalizing on the artificial intelligence (AI) revolution. Both stocks have performed well as a result. AMD's shares are up 158% this year, while Intel's have gained 69%, as of writing. Both companies could continue to ride the AI tailwind, provided infrastructure spending continues to grow. But which of these two chip stocks is the better buy right now?

Image source: The Motley Fool.

AMD and Intel have both been posting excellent financial results. Let's start with the latter. Intel's third-quarter revenue increased by 21% year over year to $16.5 billion. Gross profit jumped 36% year over year with a 44.1% non-GAAP margin, versus the margin of 40% reported in the prior-year quarter. Intel's non-GAAP net earnings per share (EPS) were $0.52, up 126% year over year. Importantly, the company's data center and AI segment posted $7.3 billion in revenue, up 78% year over year.

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