Why Intel Stock Slumped Today
2 Articles
2 Articles
Why Intel Stock Slumped Today
Key PointsA new UBS report warns of market share losses for Intel.Rivals AMD and ARM are taking away Intel's AI server market share.10 stocks we like better than Intel › Nvidia (NASDAQ: NVDA) is heading to China this week, with CEO Jensen Huang accompanying President Trump on his visit to meet with President Xi Jinping, and announcing a deal that will permit it to ship H200 artificial intelligence chips to the Middle Kingdom. Nvidia stock is up …
Intel Stock Falls Again as AMD and Arm Put Its Comeback Under Pressure
Intel shares fell 3.9% to $115.55 Thursday after UBS data showed its server CPU market share dropped to 54.9% in Q1, down from 64.4% a year earlier, while AMD and Arm gained ground. The decline comes despite Intel reporting Q1 revenue of $13.6 billion and announcing a multi-year partnership with McLaren Racing. The post Intel Stock Falls Again as AMD and Arm Put Its Comeback Under Pressure appeared first on TechStock².
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