Intel, AMD Slide 4.2% as Nvidia Unveils N1X PC Chip [2026]

Intel and AMD shares slid in premarket trading this week after Nvidia pulled back the curtain on a PC processor of its own, a move that briefly knocked both chipmakers off their stride and buried what should have been Intel’s own headline: the data-center launch of its Xeon 6+ lineup. The timing could not have been worse for Intel. Just as the company tried to pitch Wall Street on a server chip built for the AI era, investors were busy digesting the idea that Nvidia, long content to sell GPUs and let Intel and AMD fight over CPUs, now wants a seat at that table too.