The Motley Fool sees more upside in AMD than Intel, citing Q2 data-center growth: AMD's data-center revenue rose 107% year over year to $6.7 billion, while Intel's data-center-and-AI segment grew 59% to $6.3 billion. Their forward P/E ratios are 40 and 63, respectively.
Intel still leads server CPUs, with 65.5% market share, while AMD gained 7.2 percentage points year over year in Q2, according to Mercury Research figures cited in the article. AMD also sells Instinct data-center GPUs, which the article says are being adopted by customers including OpenAI, Meta Platforms and Anthropic.
Consensus forecasts cited by the article project 2026 earnings growth of 262% for Intel and 82% for AMD, then 2027 growth of 36% for Intel and 105% for AMD. AMD says the server-CPU market could reach $220 billion by 2030 and the AI market could generate $2 trillion in annual revenue that year; these are projections.
