AI, Nvidia and Market Bubble
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Nvidia, Stock-Futures Climb
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CoreWeave stock was gaining alongside AMD, Super Micro and a number of other companies as Nvidia relieved concerns over the artificial-intelligence trade.
Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) are rival companies, but the former is well behind the latter when it comes to market cap. While Nvidia's valuation is north of $4 trillion, AMD's valuation is closer to $263 billion.
Advanced Micro Devices (NASDAQ: AMD) is exploding this morning. It was up $14, or 6% in premarket, and 9.20% by 11 a.m. All after CEO Lisa Su said AMD could achieve “double-digit” share of the data center AI market over the next three to five years.
Nvidia is the AI market king, but the easy money is gone. Here are 3 AI stocks with more room to run in 2026. The post 3 AI Stocks I Like Better Than Nvidia appeared first on The Motley Fool Canada.
Advanced Micro Devices surged 9.0% in Wednesday’s trading, after the company indicated that it expected annual data center chip sales of $100 billion
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'AI Bubble' Fears Put To Rest? Micron, Intel, AMD Stocks In Spotlight Post Strong Nvidia Results
The main driver for AMD, Micron and Intel's expected rally is bellwether Nvidia's robust third quarter earnings. The titan chipmaker beat estimates by reporting a 62% year-on-year surge in its revenue to $57 billion. Nvidia's net income also soared 65% in the quarter under review, compared to $19.31 billion in the year-ago period.