Intel's New Desktop Processor Is No Threat to NVIDIA
On Monday, Intel Corporation (NASDAQ: INTC) raised eyebrows across the tech world by unveiling its new 8th Gen Intel Core desktop processor family. Perhaps most notably, the central processing unit (CPU) giant lauded its new Intel Core i7 desktop chip as the company's "best gaming processor ever," delivering up to a 25% improvement in frame rates over its predecessor.
Naturally, shares of AMD (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) plunged 5.2% and 4.5%, respectively, as investors worried over the new competitive threat posed by Intel's hefty new gaming chip.
But there's just one problem with that train of thought, particularly for NVIDIA investors: Intel's new high-end gaming CPU poses no threat to the graphics processing units (GPUs) sold by either company.
Source: Fool.com