US Stock Market Move | AMD (AMD.US) fell more than 5%, and the cooperation between NVIDIA Corporation and Intel Corporation will intensify market competition.

On Thursday, AMD (AMD.US) fell more than 5% to $241.55. It is reported that in September of this year, Intel Corporation announced a partnership with NVIDIA Corporation to jointly design and develop custom x86 chips for the data center and client markets. Initially, AMD responded by saying they were confident in their product lineup and would continue to provide disruptive technology. However, in a recent statement, AMD's attitude has shifted, stating that this collaboration will intensify market competition and bring greater pricing pressure on their products. In an interview, AMD stated that the collaboration between competitors NVIDIA Corporation and Intel Corporation could have a negative impact on their business. The company has listed this collaboration as a typical case in the "Economic and Strategic Risks" section of documents submitted to regulatory agencies, explicitly stating, "Strategic alliances, acquisitions, and business collaborations among competitors may 'intensify competition and have a negative impact on our business'."