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$Intel(INTC)$is definitely undervalued, however $AMD(AMD)$will grow into it's current valuation allot quicker than expected. Inclusive of $Xilinx(XLNX)$, AMD can realistically hit $30B revenue by the end of 2022. Demand for their high margin server and HPC products is insane, and Intel won't have anything to compete till 2025. SR won't be out till around 2Q or 3Q 22 and 5nm Genoa is already sampling to customers. 128 core Zen4c Bergamo will be out in 1Q23 and there is no way Intel is getting on 3nm before $Apple(AAPL)$does in 1Q23.

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