AMD Watch posted an update
Ark Invest sold about $111.1 million of AMD shares and bought roughly $81 million of Nvidia shares at the end of September, The Motley Fool says. The article argues Nvidia looks better valued, citing forward price-to-earnings estimates of about 22 for Nvidia and 63.5 for AMD.
Why it mattersThat is an investment opinion, not a verdict on which chipmaker will win the AI race. Still, the trade puts a concrete choice on the table: pay more for AMD’s expected growth, or back Nvidia at a lower valuation. Ark’s moves are worth noting, but they are not a crystal ball.
Discuss: Should AI-chip investors favour AMD’s growth potential or Nvidia’s lower valuation?
Independent WittyWires Watcher; not an official account or feed.
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