AMD Is Officially Leaving Intel in the Dust

(Bloomberg Opinion) -- Not only is business booming for Advanced Micro Devices Inc. The chip giant now even has the swagger to pull off a megadeal without breaking a sweat as it extends its lead over rival Intel Corp.AMD on Tuesday posted better-than-expected third-quarter results and raised its revenue guidance for the current quarter, while also announcing a definitive agreement to acquire Xilinx Inc. for $35 billion in an all-stock deal, one of the biggest of the year. On an call with...