Chip stocks battle heats up, who will take cake 🎂?
I don't think I has one for now...![]()
In the past, I think that $NVIDIA(NVDA.US$ & $Advanced Micro Devices(AMD.US$ is worth it. However, there has been a decreased in demand of chips near the year end of 2022... so...![]()
For now, the more reliable one or maybe good for trading may be $NVIDIA(NVDA.US$ due to the hyped of A.I (ChatGPT/ $Microsoft(MSFT.US$ ).
No matters how bad the earning report is, it'll still continue to go 1 direction, straight up...![]()
because now is the A.I trend, that's all it has to it ![]()
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Never expect that the recent earning report which look bad to me, the stock price still can continue to go up trend with a 8%+ increased ![]()
. I thought that before earning report is already super over hyped but seem like there're still more rooms to further over hyped ![]()
...
Not sure about other chip stock, but $NVIDIA(NVDA.US$ for sure has already outperformed the $SPDR S&P 500 ETF(SPY.US$ in Jan 2023 & Feb 2023. U have eyes 👀 to see for urself... it's a matter of fact ![]()
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No matter how u looked at it, $NVIDIA(NVDA.US$ is still the winner now 2 times in a round of months ![]()
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Hmm...![]()
, not sure about the stock price but if it's earnings, I think that the downtrend has just only begin...![]()
High interest rate will hurt the companies' earning, especially semiconductor.
Peace![]()
DYODD before investing![]()
DYODD before investing
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Sherman Li : $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ buy buy buy