This seems like a work around by Nvdia to get into partnership with AMD after they were knocked back trying to deal directly with AMD.
In terms of the stocks I held both #NVDA and #AMD when AMDs big jump happened. I did sell after that jump with the hope of taking profits and repurchase AMD after they hype and the stock dropped a bit (sub $200) unfortunately that didn't quite happen and am now on the sidelines watching to see how far AMD will rise.
As for NVDA I think it is still the market leader in this sector and will not be surprised to see it surpass the $200 mark soon and sit around the $215 - $220 mark. At those prices it will be an opportunity to reassess and look to take some decent profits from NVDA hopefully before the bubble pops.
Comments