Why AMD Stock Tumbled Today

Key Points Intel and Nvidia are tying up -- and that's bad news for AMD. AMD stock costs a pricey 95x earnings, and faces tougher competition in the artificial intelligence (AI) space going forward. 10 stocks we like better than Advanced Micro Devices › Intel (NASDAQ: INTC) stock soared more than 25% in early trading Thursday, and Nvidia (NASDAQ: NVDA) stock is at least up a couple of percentages, but what about the third giant of the semiconductor manufacturing world, Advanced Micro Devices (NASDAQ ...