AMD is getting whacked after Nvidia warns on China (AMD, NVDA) (Ethel Jiang/Business Insider: Finance)

Ethel Jiang / Business Insider: Finance
AMD is getting whacked after Nvidia warns on China (AMD, NVDA) – AMD is plunging, down 7.66% to $20.25 a share Monday, after rival Nvidia sounded the alarm onsales in China and lowered its guidance for the fourth quarter. As we worked through Q4, the global economy decelerated sharply, particularly in China, affecting consumer demand for NVIDIA gaming GPUs, Nvidia founder and …