{"id":28937,"date":"2023-10-23T19:59:08","date_gmt":"2023-10-23T19:59:08","guid":{"rendered":"https:\/\/isafespend.com\/news\/intel-stock-drops-on-report-nvidia-is-working-on-an-arm-based-pc-chip\/"},"modified":"2023-10-23T19:59:10","modified_gmt":"2023-10-23T19:59:10","slug":"intel-stock-drops-on-report-nvidia-is-working-on-an-arm-based-pc-chip","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=28937","title":{"rendered":"Intel stock drops on report Nvidia is working on an Arm-based PC chip"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-6\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Intel<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> stock dropped more than 3% during trading on Monday after Reuters reported that <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-3\">Nvidia<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\">AMD<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> were working on Arm-based PC chips. Arm stock rose more than 6%, and Nvidia gained nearly 4% during late-day trading on Monday.<\/p>\n<p>Intel currently has the majority of the market for PC chips, with AMD coming in second. Sales of PC chips comprised over half of Intel&#8217;s revenue in the June quarter.<\/p>\n<p>Intel&#8217;s PC chips are based on the x86 instruction set. Chips that use the Arm-based instruction set, like those for smartphones, often use significantly less power, which is critical for battery-powered devices.<\/p>\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-6\">Apple<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> recently transitioned its laptop and PC chips from Intel to home-grown Arm processors, which led to a short-term boom in sales and longer battery life for the devices.<\/p>\n<p>Nvidia could release a PC chip based on Arm as soon as 2025, according to Reuters. AMD&#8217;s Arm chip is also in planning, according to the report. These chips would be used in PCs running Microsoft Windows.<\/p>\n<p>Switching software from the x86 instruction set to be compatible with an Arm-based processor can be time-consuming and difficult, but Windows can already easily run on an Arm chip.<\/p>\n<p>Qualcomm has been working on its own Arm-based PC chips for years, although they have yet to gain significant sales traction. It has a launch event planned for later this week.<\/p>\n<p>Last month, Arm went through an initial public offering, where it emphasized to investors that it has long-term agreements with top chipmakers to use its technology in their chips.<\/p>\n<p>Arm and Nvidia declined to comment. Intel and AMD did not immediately return requests for comment.<\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/10\/23\/intel-stock-drops-on-report-nvidia-is-working-on-an-arm-based-pc-chip.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 trading on Monday. Intel currently has the majority of the market for PC chips, with AMD coming in second.<\/p>\n","protected":false},"author":1,"featured_media":28938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-28937","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Intel stock drops on report Nvidia is working on an Arm-based PC chip | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Intel stock dropped more than 3% during trading on Monday after Reuters reported that Nvidia and AMD were working on Arm-based PC chips. 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