Intel Stock Surges Despite Weak Sales Performance
Intel shares defied grim sales reports with a 3% surge in Monday trading, even as data revealed its processors are being dramatically outsold by rival AMD. A German retailer's figures showed Intel moving just 220 units in a week—compared to AMD's 2,260—highlighting the chipmaker's struggle to compete.
The disparity was particularly stark in premium segments, where AMD's Ryzen 7 processors outsold Intel's entire lineup five-to-one. Market sentiment appears divorced from fundamentals as investors bet on Intel's long-term turnaround potential.