AMD stock soars, Intel sinks after chipset problems

When Nasdaq opened on January 31st AMD rose quite fast after Intel dropped the bomb about recalling the Sandy Bridge platform chipsets. The error affects four of the six SATA ports and will cost Intel hundreds of millions to fix, both in manufacturing costs and to replace products with partners and customers, but also the company stock has taken a turn for the worse.


At the time of writing Intel was down -3,06% while AMD's stock was up by +7,08%. How much Intel's product recall may cost it in the long run is hard to say, but this is a huge setback for Intel that opens up doors wide open for competitor AMD.