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AMD Is Basically 'Pantsing' Intel, Jim Cramer Says

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Advanced Micro Devices  (AMD) - Get Free Report reported adjusted earnings per share of 63 cents on revenue of $3.85 billion. Revenue grew 99% from the same quarter in the prior year.

After speaking to AMD CEO Dr. Lisa Su on CNBC's Squawk on the Street, Jim Cramer said he is more confident than ever that AMD is "pantsing" Intel  (INTC) - Get Free Report

"AMD has the possibility to pull away from Intel in a way that Intel is going to have a hard time catching up," Cramer told Action Alerts PLUS senior analyst Jeff Marks.

Recap TheStreet Live: Everything Jim Cramer Is Watching 7/28

AMD is a holding in Jim Cramer's Action Alerts PLUS charitable portfolio. 

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