2 Chip Stocks Staging Opposite Moves During CES

Group 1 - Intel launched its latest AI chip, Panther Lake, for laptops, utilizing its new 18A manufacturing process [1] - Intel's stock is currently trading at $39.90, reflecting a 100.9% year-over-year increase, despite facing resistance at $42.50 [2] - The options market shows a strong preference for calls on Intel, with a significant call/put volume ratio of 1.60 for AMD, indicating bullish sentiment [3] Group 2 - AMD's stock is down 3.2% to $213.94, marking its fourth loss in the last five sessions, although it has increased by 173.4% over the past nine months [4] - Options traders are predominantly bearish on AMD, as indicated by its put/call open interest ratio being in the 99th percentile of its annual range [4]