AMD drops after report says Intel could ramp up production of its 10-nanometer chips sooner than expected (AMD, INTL)

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markets.businessinsider.com—AMD shares dropped nearly 4% following a BlueFin report suggesting rival Intel could ramp up production of its 10-nanometer processors sooner than expected. AMD's stock price has almost doubled in last three months after analysts projected the shortage in Intel's chip supply will likely be a benefit to it in the server and high-end commercial-desktop markets.  Follow AMD trade here in real time. Shares of AMD dropped nearly 4% Tuesday after a research report said rival Intel could ramp up...

Intel jumps on report it could speed up production of its 10-nanometer chips (INTL). Shares of Intel were up nearly 5% after a research report said the long-time chip-industry leader could ramp up production of its 10-nanometer processors sooner than the expected June 2019 timeline. "Intel’s second-half production levels suggest upside to analyst revenue estimates for the fourth quarter and first quarter of 2019," says BlueFin Research Partners. Follow Intel trade here in real time. Intel shares were up nearly 5% Tuesday after a report said the long-time chip-industry leader...