NVIDIA and AMD have won huge contracts from Saudi Arabia. Both companies will now work with local AI company HUMAIN. Shares of $NVDA gained 6% and $AMD gained 4% following the news . We'll see how this helps the companies, but it strikes me as great news and I'm glad I bought AMD stock below $100.
What do you think of this collaboration? Do you have shares of $NVDA or $AMD in your portfolio?
So cooperation is great. I'm happy for these two companies too, we'll just have to see what the tariffs are, they're easing up but I'm sure there will be some, I guess in the long run it doesn't matter. :) I'm more loaded in $AMD, $NVDA added just a little but still some nice profit I'm already making. :))
This is great news and $NVDA will be growing again. I overbought $NVDA last month and it has grown nicely since then.
AMD is a great company and finally there is some good news. This will help the company significantly and AMD could finally start to grow.