- Intel (NASDAQ:INTC) announces appointing Raja Koduri as chief architect and SVP of the new Core and Visual Computing Group effective in early December.
- Koduri worked at Advanced Micro Devices (NASDAQ:AMD) as the SVP and chief architect of Radeon Technologies.
- Intel and AMD recently announced plans for a partnered laptop chip to take on Nvidia (NASDAQ:NVDA).
- Intel shares are down 1.73%.
- AMD shares are down 4.44%.
- Nvidia shares are down 2.29%.
- Previously: WSJ: AMD and Intel planning joint PC chip to take on Nvidia (update) (Nov. 6)