Intel shares 222% higher, but AMD is eroding its server market share

AMD is rapidly increasing its share of the central processing unit (CPU) market for servers. Intel's server market share in the 1quarter of 2026 was 66.8%. This was down from 72.8% in the same period a year earlier.

AMD's server CPU revenue increased 57% year over year. Intel's data center business revenue rose 22% year over year. These figures are based on the two companies' 1quarter results.

Intel shares have risen 2026 so far in 222%. Its trailing earnings-based price-to-earnings ratio was given as 904 times. The price-to-earnings ratio (P/E) indicates how many times a share price represents earnings.

The article identified AMD’s expanding server market share as a key threat to Intel’s rising share price. It cited AMD’s high revenue growth rate and Intel’s declining share as evidence. All the figures presented are based on 1quarterly results.

Demand from cloud providers and enterprise data centers is central to the server CPU market. Revenue is generated when companies and cloud providers replace or add server CPUs. As a result, changes in server market share have a direct impact on revenue and profit structures.

In summary, AMD is rapidly increasing its server CPU revenue, while Intel’s 1quarterly market share has declined. Intel is trading at a high P/E ratio after a substantial rise in its share price. All the reported figures are based on 1quarterly earnings materials.