AMD vs. Intel: Which Stock Is the Better Buy Right Now?
The red-hot stocks have seen their valuations soar in 2026.
AMD vs. Intel: Which Stock Is the Better Buy Right Now?
Overview
Both Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC) have been riding high this year as a frenzy of chip demand has taken hold amid the artificial intelligence (AI) boom. The significant sell-off in the tech sector on June 23 has created a buying opportunity. So which stock is the better long-term investment?
Intel's turnaround is impressive. Since the start of 2026, the stock has climbed more than 258%, a staggering comeback from a company that trailed the competition for years. CEO Lip-Bu Tan has positioned Intel as the top domestic foundry. With backing from the federal government and a newly announced partnership with Apple, Intel looks hard to beat.
Details
This turnaround story has, however, made Intel's stock quite expensive. Intel's forward and trailing P/E ratios are sky-high at 161 and 904, respectively. Yet its PEG ratio remains well below 1, suggesting Intel could have significant growth ahead.
Source
Originally published at www.fool.com.
