China overtakes US as world’s richest nation as global wealth surges

[thecoder]

"(The chip shortage) crisis has been exacerbated by the fact that Intel (INTC), which once unequivocally dominated the industry with the help of Microsoft (MSFT), has fallen significantly behind TSMC (NYSE:TSM) and Samsung (OTC:SSNLF) in semiconductor manufacturing technology....

The result has been a disaster for Intel, but a windfall for TSMC...
...
It's worth noting that TSMC's founder Morris Chang recently described Intel's new CEO Pat Gelsinger as 'very discourteous' and furthermore that U.S. efforts to rebuild domestic semiconductor manufacturing won't succeed."

Just a few words, I mean numbers, to Intel: 187.675 / 202.049 * 100 = 92.88%
These are the MarketCapitalization numbers of AMD and INTC, respectively.
It means AMD has already reached almost 93% of the size of Intel, ie. the difference is only 7%.
I think within the next 2 to 4 weeks AMD will be more worth than Intel, and will dethrone Intel and will become the new #1.
Source for the above numbers:
https://finance.yahoo.com/quote/AMD and https://finance.yahoo.com/quote/INTC