Chris
Journalist
- Joined
- Mar 10, 2021
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Nvidia to release new server processor
Nvidia Corp. unveiled its first server microprocessors, extending a push into Intel Corp.’s most lucrative market with a chip aimed at handling the most complicated computing work.
Intel shares fell about 4% and Nvidia jumped on the news.
Nvidia’s stock rallied further, to a gain of about 6%, after the company said first-quarter revenue “is tracking” above its previous forecast.
[Bloomberg]
Nvidia Corp. unveiled its first server microprocessors, extending a push into Intel Corp.’s most lucrative market with a chip aimed at handling the most complicated computing work.
Intel shares fell about 4% and Nvidia jumped on the news.
Nvidia’s stock rallied further, to a gain of about 6%, after the company said first-quarter revenue “is tracking” above its previous forecast.
[Bloomberg]
