The “Meltdown” bug is hitting Intel’s shares hard, while rival AMD is soaring

The “Meltdown” bug is hitting Intel’s shares hard, while rival AMD is soaring

6 years ago
Anonymous $1bh8zaeyQS

https://qz.com/1171391/the-intel-intc-meltdown-bug-is-hitting-the-companys-stock-big-time-while-rival-amd-is-soaring/

Today will be a crucial test of the market’s response to news of a massive security vulnerability that affects chips made by Intel, as well as a separate problem that hits all microprocessors, regardless of manufacturer.

News of the Intel security problem, known as the “Meltdown” bug, sent the company’s stock price plunging 3.5% yesterday (Jan. 3). The stock recovered by the end of the session, but it’s down around 1.7% in pre-market trading today.