Here's why Advanced Micro and Nvidia could be your best buys in chip space

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Here's why Advanced Micro and Nvidia could be your best buys in chip space. via TradingNation

 

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TradingNation Nvidia maybe, but not AMD. I just don’t see the multiple justified as we continue grinding through a cyclical downturn in the chip sector. Nvidia’s P/E is half of AMD’s and has already priced in the downturn more fully.

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