AMD held just under 18 percent of the CPU market at the end of 2016 before Ryzen arrived. The latest third-party estimates suggest that the chipmaker now controls close to 37 percent.

Video gaming platform Steam also suggests that AMD has been consistently chipping away at Intel's CPU dominance.

Motley said that AMD isn't done hammering Intel in CPUs just yet — especially since the arrival of its latest Ryzen 5000 CPUs, although its actual evidence is based on what AMD says.

This is that a high-end Ryzen 5000 processor can deliver a 26 percent jump in gaming performance over the previous-generation chip. AMD also claims that the chip is seven percent faster in gaming performance than the competing Intel chip.

What Motley is correct about is that Intel may not launch its 12th-generation 10nm Alder Lake processors until the second half of 2021 to compete with AMD's 7nm process. So AMD is likely to continue enjoying a technology lead over Intel, especially considering that it could make the move to a 5nm manufacturing process with the Zen 4 microarchitecture by the end of 2021, according to rumours.

This could mean that AMD continues to eat Intel's market share, with a white wine sauce and its stock will grow thanks to improved CPU sales and stronger pricing power.