US Stock Market Move | AMD (AMD.US) fell over 2%, NVIDIA Corporation and Intel Corporation cooperating may pose a competitive challenge to AMD.
On Thursday, AMD (AMD.US) fell nearly 6% in early trading, and as of the time of writing, it was down over 2% at $155.09.
On Thursday, AMD (AMD.US) fell nearly 6% in early trading and was down over 2% to $155.09 at the time of writing. In terms of news, NVIDIA Corporation announced a $50 billion investment in Intel Corporation, and they will collaborate on developing PC and data center chips. Analysts suggest that NVIDIA Corporation may potentially transfer some of its business to Intel Corporation in the future, posing a significant competitive challenge to AMD.
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