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The #nvidia keynote at Computex in Taipei took the Cloud and hyperscale computing world by storm. #amd quickly responded with their own datacenter & AI technology keynote. But it’s clear they missed the mark, which means Nvidia could be on the way to having a real monopoly on the the chips that power generative AI technologies like #chatgpt by #openai , Microsoft’s Azure, Google Cloud, and even Amazon’s Web Services. Even though Nvidia stock ( NVDA stock ) is richly valued, it could still be one of the best stocks to buy now.

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Simply Wall Street’s Nvidia (NVDA stock) Valuation: https://simplywall.st/stocks/us/semiconductors/nasdaq-nvda/nvidia?via=tsyou

Advanced Micro Devices (AMD stock) Valuation: https://simplywall.st/stocks/us/semiconductors/nasdaq-amd/advanced-micro-devices?via=tsyou

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📝 Resources & References 📝
@NVIDIA Keynote at COMPUTEX 2023: https://www.youtube.com/watch?v=i-wpzS9ZsCs

@AMD Data Center & AI Technology Premiere: https://www.youtube.com/watch?v=l3pe_qx95E0

@allin E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more: https://youtu.be/rOUDG1FB03A?t=4751

📜 Disclosures 📜
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See additional disclosures at https://tickersymbolyou.com/disclosures/

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