对Intel 和 AMD 熟悉的坛友， 对这个评论如何看？

On Wednesday, Intel’s 10% surge on its Panther Lake launch stole the momentum from AMD’s own CES announcements a day earlier.

Intel’s Arc B390 graphics chip claimed 77% faster gaming performance than its previous version, while its new 18A manufacturing process directly challenges AMD’s cost structure.

That competitive positioning shifted sentiment sharply away from AMD and toward Intel as the near-term AI-PC play.?

Analysts maintain a “Moderate Buy” rating with a $277 consensus price target, but that consensus assumes flawless execution: robust MI450 bookings, high-margin AI-GPU sales, and no competitive surprises.

Intel’s Panther Lake announcement cast doubt on that scenario, at least for the near term.?

AMD’s Thursday plunge is a reminder that near-term price action and long-term fundamentals diverge sharply.