This stock offers investors a company with lucrative profit margins, operating in a trillion-dollar industry and selling for a relatively cheap valuation.
Nvidia CEO Jensen Huang said Sunday that new AI chips are coming in 2025 and 2026. AMD's Lisa Su on Monday also gave a two-year AI chip roadmap.
Nvidia and AMD rose early Monday as they laid out their AI chip roadmaps. GameStop soared as meme investor Roaring Kitty touted a big stake.