Congratulations Intel….and What is the Fascination with AMD?

Today Intel is hitting sixteen (16) year highs.

I passed up a $60,000 purchasing job with them in San Jose right out of graduate school in 2001 because computers were lame and San Jose seemed like a farm town.

Genius.

The stock is now up more than 30,000 percent since it’s IPO.

Screw the job, if I had just invested $1,000 the day I turned down the job…

Genius.

Here I am at Comdex probably in 1994 or 1995 with AMD in the background…

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(Yes that’s me on the right. My good friend Ziad from Kuwait is in the middle and my pal Mark Scatterday who I worked with for years instead of heading to Intel).

I remember the Intel and AMD wars back in the 90’s and this chart was shared today by Ivanhoff that compared the returns over the last 16 years:

In checking all the charts and prices and sentiment on Stocktwits this morning one thing stood out…$AMD has 18,000 people following the stock and Intel ($INTC) 11,000 people.

People are always more fascinated with the ‘cheap’ underdog. In the last year they have been rewarded with a 300 percent gain in AMD.

Congratulations to Intel on a great milestone and the traders that have nailed the last year on the long side of just about any semiconductor stock.