Connect with us


Intel CEO change gives investors buying opportunity in AMD, Jim Cramer says – CNBC

“As much as Intel needs a change, what matters here is that you’re now getting a chance to buy Intel’s more agile rival, AMD,” the “Mad Money” host said.



post featured image

CNBC’s Jim Cramer pounded the table on one of his favorite semiconductor companies after shares dipped on news of a leadership change at one of its top rivals, Intel.
Shares of Advanced Micro Devices dropped almost 4% after Intel announced that it will replace its chief executive in a month. Intel stock rallied 7% as investors welcomed the news that current CEO Bob Swan would step down to make way for Pat Gelsinger, an Intel alum who heads VMware, to take over the role in February.
“As much as Intel…

Click here to view the original article.