AMD shares fall after Intel and Nvidia announce strategic cooperation
Source: CoinWorld
Time: 2025-09-19 21:19:46
After Intel and Nvidia announced a US$5 billion strategic cooperation to jointly develop artificial intelligence infrastructure and PC products, directly challenging AMD's market position, AMD's stock price fell 5% in pre-market trading. Affected by this news, Intel's stock price soared nearly 30%. The alliance combines Nvidia's artificial intelligence and GPU technology with Intel's CPU capabilities to target data centers and consumer markets. AMD's stock price is $154.79, and AMD is facing increasing competitive pressure as the two major competitors cooperate.