Why Intel and AMD Stocks Dipped Today

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Shares of both Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) sank in early trading Monday, and remain in the red at 1 p.m. EST — down 3% and 3.2%, respectively.

The declines come in response to a Wall Street Journal report over the weekend, that Amazon.com and Microsoft are following Alphabet‘s and Apple‘s lead and designing computer chips custom made to perform better with their software and devices.  

Image source: Getty Images.

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