Full-time Stringer, San Francisco Bureau -- covering semiconductors
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AMD, Nvidia shares rise as Intel scraps graphic chip

SAN FRANCISCO (Reuters) – Shares of Nvidia Corp <NVDA.O> and Advanced Micro Devices Inc <AMD.N> surged on Monday after Intel Corp <INTC.O> scrapped plans for a competing technology, giving the dominant graphics card makers a boost.

Analysts saw a setback for the microprocessor giant’s efforts to reduce its reliance on core businesses, while others noted it was good they quit before committing more money or effort toward trying to take on established graphics players.
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    • About Ian

      "A San Francisco native, I've always had an interest in computers and electronics. I guess it makes sense that I'd eventually find myself covering semiconductors as a full-time stringer for Reuters. It's always been my dream to work for a wire service, and I'm excited to be a part of this fantastic company."

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