Re:AMD passes Intel in market cap
by tsimionescu on Monday August 01, 2022 @04:05PM
(#32311384)
Are you being serious? Based on what? They are still a tiny tiny player in the auto industry, if we ignore the market cap.
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They delivered ~925,000 cars in 2021 with just two factories. That is about 2% of global sales. Maybe a small player (wouldn't say tiny, tiny at this point) in 2021 but they are ramping up production at two factories completed this year and building a large expansion to the Shanghai plant. They will likely produce ~1.4 million cars in 2022 and north of 2 million in 2023. Where they peak out is not clear of course but at least 6 million cars per year from existing sites can be expected.