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…
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Quarterly results
A public company's report of its revenue, profit and outlook for a three-month period.
Results show how a business is really doing and often move its share price sharply.
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A material, usually silicon, used to make the chips that process and store information in electronic devices.
Chips power everything from phones to cars, so their supply has become a strategic issue for governments.
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