AMD slips as tech rally pauses; Nvidia-Intel filing puts chip sector back in focus
AMD slipped 0.3% to $214.42 in early New York trading Monday as the Nasdaq opened 0.8% lower. Intel rose 0.8% after a filing showed Nvidia bought $5 billion of Intel shares at $23.28 each in a private placement. Nvidia fell 1.3%, Broadcom dropped 0.7%. Semiconductor ETFs were little changed.