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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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\ud83d\udcdd Resources & References \ud83d\udcdd
@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
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