JulianAlerander
08-13

$Advanced Micro Devices(AMD)$ Ahh, Wall Street's conjoined twins... AMD is on the rise, and it's no coincidence. With Nvidia's earnings report on the horizon, there's a strong correlation between these two semiconductor giants. A few weeks ago, AMD delivered solid earnings, which not only pushed its stock higher but also gave Nvidia a boost. Now, it's payback time! If Nvidia reports favorable earnings, we can expect a significant spike in its stock price—and when that happens, AMD is likely to move up substantially as well. The two companies are so intertwined in the market's eyes that success for one often translates to gains for the other. I'm keeping a close watch on AMD for this very reason.

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