Chipmakers: AMD Releases a New Weapon Against Intel

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The Street

By Luc Olinga The firm wants to reign in video games and challenge Intel’s power in PCs with a new line of processors. The current period is not conductive to semiconductor manufacturers. Jerome Powell, the chair of the Federal Reserve (Fed), said on August 26 that the central bank would continue to increase its rates aggressively to fight against inflation. The problem is that economists believe that this monetary tightening is likely to cause a hard landing in the economy, in other words a recession. And who says recession says that households will arbitrate in their spending and sacrifice p…

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