Chip stocks shakeup: Arm soars, Intel falls as Nvidia and Microsoft announce new AI superchip for Windows PCs

Shares in Arm Holdings are soaring today after Nvidia CEO Jensen Huang announced a fresh foray into the personal computer market with a new AI chip designed to power Windows PCs later this year. Here’s what you need to know. Nvidia announces RTX Spark superchip and N1X processor Nvidia has never been a stranger to the personal computer market, despite now being best known as the maker of chips that power AI servers. Its enterprise AI chips and associated products are what have driven Nvidi...