Intel stock stumbles on report Nvidia is building an Arm CPU for PC market

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AMD also said to be working on an Arm-based PC chip

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In fact, Nvidia has made Arm CPUs for the PC market in the past. You may recall Microsoft's first Surface Tablet — not the Pro one —However, it's not just Nvidia. Reuters reports that AMD is also developing PC hardware that uses Arm's intellectual property, and systems from either vendor could hit the market as early as 2025.

Intel's share price slid more than 3 percent in the wake of the news, before bouncing back slightly, while Nvidia and Arm's shares jumped 3.8 percent and 4.9 percent, respectively.Look ma, no fans: Mini PC boasts slimline solid-state active cooling systemThe market for Arm-based PCs has grown considerably over the past few years, fueled in no small part by Apple's decision toas a CPU supplier in favor of homegrown silicon developed under an Arm architectural license.

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