Hacker News Reader

> By the price Intel is paying compared to Tower's revenue

~3.5x sales is not a lot, especially not in this market (either broadly or semis specifically).

AMD is at 9x sales; Nvidia is 27x; Analog Devices is 11x; Texas Instruments is 8x; Applied Materials is 5x; Micron is 3.6x; Taiwan Semi is ~11x; ASML is ~13x; KLA is 7x; LAM is 5x - and so on.

View on HN

These companies also don’t all have the same margins, so benchmarking on a sales multiple doesn’t give a good feel for valuation. Everyone does it anyway though, so in that sense it works.

AMD isn't a comparable business for this list, because it no longer has fab facilities. That was spun off to GlobalFoundries.

Reply on news.ycombinator.com