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CNBC Investing Club downgrades Intel and adds AMD to watchlist

CNBC · ·by G4L

NVDA NVIDIA Corp
$173.73 +2.87%
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AMD +7.32% INTC +7.52%
  1. 1CNBC Investing Club is downgrading Intel from 1 to 3 and adding AMD to the bullpen watchlist.
  2. 2AMD's data center segment increased 97% year-over-year in the third quarter.
  3. 3AMD shares rose approximately 24% this week after falling 11% last week.

So what's the key point?

The CNBC Investing Club lowered the rating for Intel and placed AMD on its watchlist. AMD saw its stock price rise significantly after its data center segment grew by 97%.

Source CNBC · View original ↗

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