Reported 2 months ago
Analysts from Piper Sandler suggest that recent losses in Nvidia and AMD stocks present a significant opportunity for investors to 'buy the dip', as both companies are anticipated to benefit from increasing demand for artificial intelligence chips. Despite a reported delay in Nvidia's new Blackwell AI chip, analysts do not expect a major impact on the company's performance, and they highlight AMD's potential to grow in the market amidst Intel's recent struggles.
Source: YAHOO