Let’s not mince words. Advanced Micro Devices (NASDAQ:AMD) caught Intel (NASDAQ:INTC) with its proverbial pants down. After years of lazy coasting that mostly leveraged the well-established Intel name, a largely-left-for-dead AMD came roaring back with a new product lineup that its bigger rival just wasn’t ready for. Advanced Micro Devices is going to beat Intel to the 7 nanometer finish line, much to the chagrin of INTC stock owners.