Advanced Micro Devices (AMD)

Challenging couple of years, recently took off (mostly because of the OpenAI deal). Before that, the 200-day MA was falling. 46x forward PE for ~30% growth (which has really taken off). Many analysts have raised estimates.

He owns NVDA instead. It's cheaper, and he likes it more.

His eggs are in the baskets of NVDA and AVGO. Stock popped when OpenAI put in another $10M (NVDA had put $100M into OpenAI, and then OpenAI turned around and used $10M of that). He'd hold on.

Good question. The answer is that it doesn't matter, because the market response is extraordinary for these things. Anybody's evaluation of it doesn't tell you why this stock should be up 25-30% in a day for such a large company. 

So the analysis doesn't matter. He's more interested in the market response, which tells you about the speculative nature of the market we're now in. And it could last days, months, maybe years. AI is still very early, and everybody gets really excited about it. 

There's enough room for Nvidia and AMD in this market. Fine CEO.

Today, shares are down because they could not include the revenue from the MI308 in the upcoming quarter, and the street didn't like that. That said, the semis are coming back and this momentum will continue to the end of the year.

Still carving out its lane in AI chips. Q2 earnings beat by a hair. Data centre revenue up 80% YOY. Gaming segment remains soft. 8/10 on fundamentals. Chip momentum is real. Consistent upward trend since April selloff.

Prefers, and owns, NVDA. But things could change.

#2 to NVDA. The go-to name if you don't want to own an NVDA chip. Companies need backup, and this name can provide it. No dividend.

Likes to watch the semiconductors as an indicator for economic expectations. This group has led the rally over the last number of years, regularly checking back to the 200-week MA (as in March/April of this year). Rallied nicely since then. NVDA is obviously the leader and making new all-time highs. Semi index in the US has not made a new high, and that's a little something to think about especially when the market it. Its RSI has come off the deep low, so there's no issue in the short-term.

This name is performing very well. Semis are giving good messaging right now. He'd really love to see the semiconductor index make a new high, and that's the caveat. This one will pick up market share, but he'd prefer to be with the leader NVDA.

Price target is $155-160 for the average analyst. Has come a long way. His preference would be NVDA, which he still holds.

Prefers SHOP. AMD is fully priced. He targets $125 for SHOP. Don't sell AMD, just raise some calls against it.

Although she doesn't own it she has traded it. She is cautious on the run-up and AI sector but it could show good growth and there is still room to run in the sector. It scores 8 out of 10 fundamentally. There is a mix of buy and hold on the street and analysts see an upside of 12 to 13% in valuation. You could keep holding it but also do some trimming.

NVDA may be the better company, but AMD has more upside. Is volatile, though. When this rallies, perhaps next year, he will divest. Expects this to rise $20-30.

A year ago, everyone thought that AMD was the next best competitor to NVDA. Lost second place to AVGO. Production issues, as so earnings disappointed in February. Coming back, production for GPUs back in place. They'll come back.

No. He would limit his exposure to any semis, given Trump's tariffs and embargo on China.