AMD shares surge on a report of laptop chip deal with Intel to fight off Nvidia

AMD shares surge on a report of laptop chip deal with Intel to fight off Nvidia

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/06/amd-shares-surge-on-a-report-of-laptop-chip-deal-with-intel-to-fight-off-nvidia.html

AMD shares are rising on a report the chip maker will collaborate with Intel to compete with Nvidia in the laptop chip market. The Wall Street Journal is reporting Monday morning that Intel and AMD will work together to launch a chip offering for thin and lightweight laptops that are capable of playing complex video-games.

Shares of AMD surged 5.4 percent in Monday's premarket session, while Nvidia shares dropped 1 percent. Intel was roughly flat.