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Intel Falls 6%, AMD 5%, Qualcomm 7.3% as NVIDIA RTX Spark Threatens PC Chip Duopoly
NVIDIA's entry into Windows PC processors sent Intel down 6%, AMD down 5%, and Qualcomm down 7.3% at Monday's open while NVIDIA climbed 6.2% to $5.47T market cap. Intel and AMD have jointly controlled the Windows PC processor market for decades; RTX Spark with confirmed OEM partners at the premium end represents the first credible threat. Both remain up sharply YTD (Intel ~200%, AMD ~130%) but the margin defense question is now live.
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