AMD Just Had Its Biggest Run Against Nvidia Since 1999. Can It Survive Earnings?
AMD outperformed Nvidia by 53.2 percentage points over five trading days, according to The Kobeissi Letter. That is the widest gap between the two chipmakers since Nvidia went public in January 1999. That lead met its first test on Friday, when AMD stock fell 8.75%. Nvidia’s November 17 earnings report now sets up the next The post AMD Just Had Its Biggest Run Against Nvidia Since 1999. Can It Survive Earnings? appeared first on BeInCrypto.
Key Takeaways
- AMD outperformed Nvidia by 53.2 percentage points over five trading days, according to The Kobeissi Letter.
- That is the widest gap between the two chipmakers since Nvidia went public in January 1999.
- That lead met its first test on Friday, when AMD stock fell 8.75%.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
MegaETH Cuts 20% of Workforce as It Shifts Focus Toward AI Marketplace
MEGA, the organization behind Ethereum Layer 2 network MegaETH, has reduced its workforce by 20% as it prepares to expand beyond blockchain infrastructure and develop artificial intelligence products. Co-founder Shuyao Kong announced the restructuring on…
Evernorth’s $35 million fundraising could buy 35 million XRP, but there’s a catch
The proceeds are cumulative through Nov. 9; allocation and completed purchases will show how much becomes additional XRP demand. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Your wallet may show a dollar balance for fake USDT that you cannot sell
Keeper wallets maintained the quotations through restricted pools, where Forta's simulated outside sales failed for all 32 identified tokens. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst…