November 6, 2017 / 3:34 PM / a year ago

Rivals AMD, Intel partner to take on Nvidia

The Intel logo is displayed on computer screens at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake

(Reuters) - Bitter rivals Advanced Micro Devices Inc and Intel Corp on Monday unveiled a partnership that will help the chipmakers take on Nvidia Corp.

Under the partnership, AMD’s semi-custom graphics chip will be integrated into Intel’s new multi-chip processor package for personal computing.

AMD’s shares were up 6.5 percent at $11.84 in early trading. Intel was up 1 percent, while Nvidia was down 0.5 percent.

Designed by Intel, the new product will integrate an Intel core processor together with a semi-custom radeon graphic chip and second-generation high bandwidth memory (HBM2) into one package, AMD said in a statement.

Reporting by Arjun Panchadar in Bengaluru; Editing by Maju Samuel

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below