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Nvidia Moves In on Intel s Turf With Server Microprocessors Nvidia shares rise on word of its first server microprocessor, while rival Intel slides on the report. Author: Nvidia ( NVDA) - Get Report said Monday that it is offering its first server microprocessors, a move that will further heat up the chipmaker s rivalry with Intel ( At last check shares of Nvidia were up 3.7% to $597.42, while Intel dropped 4.8% to $64.96. Both are based in Santa Clara, Calif. Nvdia said it will release its Grace server processor in 2023. It is designed to handle tasks like training artificial intelligence algorithms. Stocks Down but Off Earlier Lows, Yields Creep Higher ....