INTC, AMD Slide Premarket After Nvidia Unveils New PC Processor – Intel’s Xeon 6 Data Center CPU Launch Overshadowed

• Intel and AMD stock dropped about 4.2% in Monday’s premarket.

• The development is widely viewed as a significant shift for the PC industry.

• The retail sentiment was ‘bearish’ for INTC and ‘bullish’ for AMD on Monday.

Shares of Intel and Advanced Micro Devices fell about 4.2% in premarket trading on Monday, amid competitive concerns after Nvidia unveiled its first PC processors, entering a market long dominated by the two chipmakers.

At the Computex 2026 conference in Taipei, Taiwan, Nvidia announced that CEO Jensen Huang unveiled a new N1X processor developed in partnership with Microsoft. It will be incorporated into a new RTX Spark chip, debuting in the fall in the upcoming Windows computers from Microsoft, Dell, HP, ASUS, Lenovo, and MSI.

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NVDA Shakes Up Chips Space Again

“Microsoft and Nvidia are going to reinvent the PC,” Huang said onstage. “This is the first completely re-engineered, reinvented line of PCs that has happened in 40 years.”

The development is widely viewed as a significant shift for the PC industry. For decades, Intel and AMD have dominated the market with x86-based processors.

Anticipation around Nvidia’s Arm-based PC chip has been building for years. Reuters reported in 2023 that Nvidia was developing a PC processor as part of Microsoft’s broader effort to expand the…