Intel stock drops on report Nvidia is working on an Arm-based PC chip

An exterior view of the NVIDIA headquarters in Santa Clara, California, May 30, 2023. Justin Sullivan | Getty Images Intel stock dropped more than 3% during trading on Monday after Reuters reported that Nvidia and AMD were working on Arm-based PC chips. Arm stock rose more than 6%, and Nvidia gained nearly 4% during late-day … Read more