AMD & NVDA Stocks Slip as a New GPU Competitor Enters the Market

Tip Ranks
2026.03.13 15:48
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AMD and Nvidia stocks have declined as Lisuan Technology, a Chinese startup, enters the GPU market with its new 6nm gaming GPU. This launch comes amid soaring demand for GPUs driven by AI and data center construction. AMD's stock fell 1.59% and is down 9.13% year-to-date, while Nvidia's stock slipped 0.96% and is down 2.78% year-to-date. Despite recent declines, both companies have seen significant year-over-year increases, with AMD up 95.84% and Nvidia up 50.52% over the past 12 months.