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NASDAQ:AMD
He does not own it as a single stock, but as part of the SOXX etf. It has taken market share away from INTC and they have been progressive in making chips smaller, making them ideal for autonomous driving and for use in iPhones. The runway is still fairly long, but they are facing more competition. He might consider taking profit and moving into Applied Materials, the equipment supplier for AMD.
A very popular stock with the institutional traders. It is priced to perfection, however. He thinks you will be able to buy it at $25 soon. It has beaten Intel pretty hard and other big players. He would recommend waiting to buy on weakness.
He likes it. He likes the secular tailwind. Gaming consoles and data centers get their chips. They are building more differentiated chips from NDVA-Q.
He still likes this company and thinks they are still in the early stages of them taking market share from Intel. He likes their moves into gaming and data centres. Pricing in semi-conductors seems to be stabilizing, which will continue to allow tail winds to continue. It will be a volatile stock, but over the long term it is a good investment.