NVIDIA, AMD Stocks Rally as Intel Larrabee Retreats

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.

This story written by Randall Hand

Randall Hand is a visualization scientist working for a federal research lab, aiding researchers to discover the insights buried within their terabyte datasets generated on some of the most powerful supercomputers in the world. He also runs VizWorld.com .

Hardware amd, intel, larrabee, nvidia, stockmarket