For All The Daily News, Views, & Trending Stories, Download in60 App Today!
amd-ryzen-in60-2.jpg May 26

NVIDIA's Blowout Earnings Lift AMD

  • Nvidia’s stock performance has been a boon for some names but has sent shares of conventional CPU manufacturers such as Intel down in Thursday trading.
  • The VanEck Semiconductor Index, an ETF basket of chipmaker names that includes Nvidia and Intel, rose in Thursday morning trading.
  • But a possible reorientation toward conventional GPU powerhouses such as Nvidia could come at the expense of CPU-oriented firms such as Intel.