Search results for "AMD"
2026-03-11
10:39

Michael Burry Accuses Nvidia of Spending $150 Million to Block AMD from Securing Oracle AI Data Center Contract

Investor Michael Burry accuses Nvidia of engaging in anti-competitive behavior in the Oracle and OpenAI projects, claiming that OpenAI withdrew from the partnership due to chip issues, while Nvidia spent significant funds to prevent AMD from taking over. Burry believes this could constitute an antitrust case. The U.S. Department of Justice has launched an investigation into Nvidia.
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21:02

U.S. stocks close, Nasdaq drops over 1%, Nvidia plunges more than 5%

ChainCatcher News, according to Gate Market Data, U.S. stocks closed on Thursday with the Dow slightly up, the S&P 500 down 0.5%, and the Nasdaq Composite down 1.18%. Nvidia (NVDA.O) closed down 5.5% after earnings, AMD (AMD.O) and Intel (INTC.O) both fell 3%. The Nasdaq China Golden Dragon Index closed down 1.78%, Alibaba (BABA.N) fell 2.7%, and Baidu (BIDU.O) dropped 5.6%.
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