Exactly, AMD just do things in a fundamentally more secure way. It annoys me how some, like Steve Gibson from Security Now, refuse to acknowledge this and draw an equivalence between Intel and AMD in this matter. When asked whether someone should buy AMD instead, he said that he's always bought Intel and will always buy Intel. He also said the information on whether AMD is vulnerable is provided by AMD themselves, this is a lie by omission as the researchers have not been able to contradict AMD's claims.
He also claimed that AMD lied about Spectre by saying they weren't vulnerable. This is not true, they said they were vulnerable to Spectre variant 1 from the beginning and they had a near zero risk to Spectre variant 2. This is not the same as a zero risk, contrary to Mr Gibson's claims. AMD released an optional microcode to bring this risk down to zero, this is not equivalent to Intel who have a high risk from variant 2.
AMD is not vulnerable to Meltdown or Foreshadow as they have protections for paging operations in hardware and they check things that Intel don't bother to check for performance reasons. This is fundamentally a more secure design.