Rival AMD shares surged 8% to $503.89 after entering volume production of its Venice CPU on TSMC’s 2nm node, pushing its market cap to $821.6 billion—now above Intel’s valuation. A new Nvidia CPU announcement further heightens competitive pressure on Intel’s upcoming product roadmap.
AMD shares gained 8% to close at $503.89, lifting its market capitalization to $821.6 billion and positioning the company above Intel’s valuation for the first time in recent trading.
AMD’s next-generation Venice CPU has entered volume production using TSMC’s advanced 2-nanometer process, marking the first high-performance computing chip to reach production on this node and promising improved performance and efficiency.
Nvidia’s announcement of a new CPU product adds another layer of competition, as both AMD and Nvidia aim to capture market share in data centers and edge computing—a key battleground for Intel’s core business.
With rival market caps surpassing its own and competitors launching cutting-edge CPUs, Intel faces mounting pressure to accelerate its technology roadmap, optimize manufacturing, and reinforce its position in PC and server markets.
