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Chipmaker AMD surges as much as 8% after launching Nvidia competitor card – Business Insider Australia

Shares of Advanced Micro Devices surged as much as 8% on Monday after the company quietly launched a new entry-level graphics card set to compete with Nvidia.

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Shares of Advanced Micro Devices surged as much as 8% on Monday after the company quietly launched a new entry-level graphics card set to compete with Nvidia.
Over the weekend, AMD put the Radeon RX 5300 GPU graphics card on its website without any other announcement. The card is a competitor to Nvidia’s GeForce GTX 1650 and undercuts it in price.
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