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Interesting that NVDA is down almost 4% for the day [1] while AMD is up 3% [2]. Is Wall Street realizing that NVidia is not alone in the ML Hardware space? [1]

• Twirrim 10y ago
  It's way too early to be making guesses like that. Micro-trends are mostly meaningless with stocks, unless you're trying to do high frequency work. Stock shifts and changes to small extents all the time based on the quirks of all sorts of trading companies, and each of Especially if there hasn't been any significant news about the company, and this isn't significant news. It's interesting, but it isn't really threatening Nvidia's dominance or profits at the moment. AMD needs to make a bigger name for itself in the sector, start picking up some splashy customers before most of the market might react. Looking at the bigger picture, Nvidia stock is up 160% so far this year, but has been fluctuating a bunch over the last month or so, and it's still well within the scope of those fluctuations.