$Advanced Micro Devices(AMD)$

$Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ ’s earnings were great! Soundly beat estimates and raised forecast. The demand for their products is thru the roof. Any company, especially AMD, would have killed to announce earnings like Nvidia. Nvidia’s expectations were extremely lofty, which is why it’s down a little today. Anyone thinking AMD is going to do better than Nvidia is naive. Nvidia’s shares still have a chance to triple this calendar year. AMD is up less than 1% YTD. AMD is a good company, but Nvidia is king.

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