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AMD and nVidia shares skyrocket

AMD and nVidia shares skyrocket

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Grant Writing Services In Florida Intel’s Larrabee was always going to have a tough start, competing against graphics giants ATI and nVidia, however no one really expected Intel to announce its cancellation before it even got to market.

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AMD and nVidia’s shares rose substantially after this information became public with a strong increase of 11.5% for nVidia and 14.7% for AMD over the last week.

Surprisingly however Intels shares also increased by 7.1% with minimal market damage, however the costs have hit Intel hard not only in their research funding over the last year but with staff overheads as well.

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