$NVIDIA Corp(NVDA)$ is now 10 times larger than $Advanced Micro Devices(AMD)$ , with a market cap of $2.8 Trillion
Sales in $NVDA is $79 Billion
Sales in $AMD is $22 Billion
3.5 times the difference, considerably less than the 10 times In terms of risk v reward, $AMDs ability to double in price right now is far greater than $NVDA’s probability.
$Advanced Micro Devices(AMD)$ TD Cowen conference tomorrow and AMD is a participant, expecting some bullish news.
$NVIDIA Corp(NVDA)$ $NVDA is the king but AI/chip demand is big enough for two chip players imo.
I don’t think AMD is done. Looks ready for a push to $180. If it can close above, $192 is the next target.
Top Bullish Flow on Tuesday
$GameStop(GME)$ - $3.38M
$Tesla Motors(TSLA)$ - $3.35M
$Advanced Micro Devices(AMD)$ - $3.33M
$Apple(AAPL)$ - $2.58M
Comments
They are totally in different trend