Today’s video looks at the latest news affecting the semiconductor market. Online reports have indicated a delay from Intel (NASDAQ: INTC) has pressured the US Department of Energy’s Argonne National Laboratory to order a supercomputer powered by Nvidia (NASDAQ: NVDA) and Advanced micro devices (NASDAQ: AMD). Here are some highlights from the video:
- On Wednesday, August 25, 2021
- AMD and Nvidia have reported strong earnings in this last earnings season. Investors could see this supercomputer as an additional bullish sign for the growth of both of these companies. At the same time, investors should not put Intel out of the race yet.
- Nvidia is primarily known as a hardware company for selling high-performance graphics cards. On August 24, 2021, Nvidia will prove to investors that it is also a software company by releasing the global availability of Nvidia AI Enterprise, a software package with AI tools.
Click on the video below for the full thoughts and analyzes.
* The stock prices used were the dinner prices on August 26, 2021. The video was published on August 26, 2021.
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Jose Najarro owns shares in Advanced Micro Devices and Nvidia. The Motley Fool owns shares in and recommends Advanced Micro Devices and Nvidia. Motley Fool recommends Intel and recommends the following options: long January 2023 $ 57.50 calls to Intel and short January 2023 $ 57.50 calls to Intel. Motley Fool has one information policy. Jose is affiliated with The Motley Fool and may be compensated for marketing his services. If you choose to subscribe through his link, he will earn some extra money supporting his channel. His opinions remain his own and are not influenced by The Motley Fool.