To The Moon

AMD hit another 52 week high of $139 yesterday. The new AI chips will compete against Nvidia to power AI applications.

If you missed $NVIDIA Corp(NVDA)$'s surge, would you get on board $Advanced Micro Devices(AMD)$?

Will you power up your portfolio with semiconductor stocks?

Below are some insights from Tiger @JC888, @koolgaland @Shyon. Which opinions do you agree with？

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @JC888: Time for AMD to outshine Nvidia? Read & decide.

Key Points:

(1) AMD Radeon chip.

AMD Radeon RX 7000 series GPUs release: The new GPUs, built on the RDNA 3 architecture, boast impressive performance and energy efficiency gains. (see above)

Early benchmarks suggest AMD is closing the gap with Nvidia's high-end RTX 40 series GPUs, particularly in ray tracing performance.

(2) AMD Data centre chip.

On 06 Dec 2023, AMD released its AMD Instinct MI300 AI accelerator.

It is data center-grade processor that speed AI tasks, such as training large language models (LLM).

According to AMD’s CEO Lisa Su, “the Instinct MI300 chips run AI operations much faster”, at the launch event.

2. @koolgal: The Best Semiconductor Stocks of 2023

Key Points:

• Interest in Nvidia's AI Graphics Processing Units has supercharged Nvidia with sales expected to surge 170% this quarter and in the years to come.

• Share price has jumped 10% last week when it unveiled the Instinct MI300X accelerator and the Instinct MI300A accelerated processing unit which AMD said works to train and run Large Language Models. AMD wants people to know that Nvidia is not the only company selling AI chips. AMD's share price is up 101% year todate.

• $Semiconductor Bull 3X Shares(SOXL)$ is up 10% today and a 20% jump in the past 5 days. SOXL is up a massive 178% in the past 5 days. However it is not advisable to hold SOXL on a long term basis as leveraged ETFs decay due to the compounding effects of daily returns, volatility of the market and the cost of leverage. This means that losses can be magnified over time. SOXL also has a high expense ratio of 0.94%.

3. @Shyon: Semiconductor stocks with AI theme 🧠

Key Points:

AMD

Quite a famous stock these few days, AMD. This is because AMD launches new AI chips that will compete against NVIDIA to power AI applications. Moreover, Microsoft and Meta had committed to use this new chip which is cheaper. For such, we can observe a bullish movement of the stock with a big green candle on Thursday. It's a nice breakout with solid volume. I believe this resistance breakout around 125 USD will send the stock higher next week.

NVDA

Now, let's look at the AI market leader, NVIDIA. Without doubt, NVIDIA has dominated the AI chip market for the past year, but cloud providers and technology companies have been searching for an alternative to reduce costs and provide flexibility. But then from the share price, we can see that NVIDIA still able to sustain well at high valuation, with a healthy correction over the past weeks and now it's ready for another rally, confirmed by the 2nd green candle on Friday.

SOXL

Last but not least, as most of the semiconductor stocks are supporting the AI development, so I do believe the SOXL ETF will be in a bullish form too for next week. It's forming a higher low which is a bullish sigh!

Questions for you:

If you missed NVDA's surge, would you get on board AMD?

Will you power up your portfolio with semiconductor stocks?

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⏰Duration

• 20 Dec (24pm EDT)