Chipmaker AMD surges as much as 8% after launching Nvidia competitor card

AP Photo/Matthias RietschelChipmaker Advanced Micro Devices over the weekend quietly launched its AMD Radeon RX 5300, an entry-level gaming card. Shares of AMD jumped as much as 8% on Monday. The card is a competitor for a similar Nvidia product. Watch AMD trade live on Markets Insider.Read more on Business Insider.Shares of Advanced Micro Devices surged as much as 8% on Monday after the company quietly launched a new entry-level graphics card set to compete with Nvidia. Over