But it still seems early, and AI stocks are too reasonably priced for a huge fall, barring any outside exogenous shocks. Billy Duberstein and/or his clients have no position in any of the stocks ...
The market appears optimistic, with AI chip leader Nvidia (NASDAQ: NVDA) trading at 34 times forward earnings estimates and challenger Advanced Micro Devices (NASDAQ: AMD) trading at 30 times.
Advanced Micro Devices (AMD) announced new artificial intelligence chips, heating up its rivalry with other chipmakers, including Nvidia (NVDA). Read More Nvidia’s (NVDA) chips have been a ...