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NVIDIA, AMD Stocks Rally as Intel Larrabee Retreats

by on December 8, 2009
 

InsideHPC noticed that yesterday’s stock prices show some pretty significant shift in the industry as the death of Larrabee signaled a big win for AMD and NVidia.

So what’s next for the Intel Larrabee division? Intel spokespeople indicated that a future Larrabee product would be used for a software development platform for graphics and high performance computing. What that really means, no one outside Intel really knows. Either way, NVIDIA’s shares closed up narly 13% on Monday evening at $16.09 and AMD closed up 8.4% at $8.52.

Reuters via NVIDIA, AMD Stocks Rally as Intel Larrabee Retreats | insideHPC.com.