This isn't the first time AMD has passed Intel when it comes to market cap. That happened in February when team red's $49 billion all-stock takeover of Xilinx boosted its market cap to $197.75 billion, pushing past Intel's $197.24 billion by $51 million.
https://www.techspot.com/news/95481-amd-once-again-more-valuable-than-intel.html?utm_source=dlvr.it&utm_medium=blogger
https://www.techspot.com/news/95481-amd-once-again-more-valuable-than-intel.html?utm_source=dlvr.it&utm_medium=blogger