AMD moves from bankruptcy to the Nasdaq-100 on December 24

AMD’s rapid rise from bankruptcy to a strong competitor in the processing market has earned many awards from the enthusiastic community, but the fruits of its hard work go far beyond. The AMD Ryzen and EPYC processors, combined with their efforts in other critical segments, bore fruit today with the announcement of the company’s inclusion in the prestigious Nasdaq 100 index.

AMD, AMD moves from bankruptcy to the Nasdaq-100 on December 24, Optocrypto

AMD will join the Nasdaq-100 before the market opens on. The supplier will be added to the list, which includes the largest non-financial companies on the Nasdaq list by market capitalization when the company has established itself with a market capitalization of $17.72 billion. This is below a peak of $33.2 billion in September, with most losses due to the sudden decline of the crypto mining market.

AMD performed significantly better than Nvidia last year, whose shares lost 34.81 percent of their value, while AMD saw an improvement of 57.23 percent. Intel also had a turbulent year, but the company is not subject to market conditions due to its highly diversified technology portfolio and achieved an increase of 0.68 percent in 2018.

However, market capitalisation is not the only key to success. AMD’s gross capitalization recently reached 39.99 percent, an incredible change from the gross margin of 4.51 percent in September 2016. For the first time in its history, AMD will become the leading process node to Intel, creating the best conditions for even more success with 7nm processors.

AMD, AMD moves from bankruptcy to the Nasdaq-100 on December 24, Optocrypto

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