Last December, I compared two of the market's hottest semiconductor stocks: Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). At the time, I said AMD was a better buy than Nvidia because I believed it was better insulated from macro headwinds, it would benefit from the arrivals of the new PlayStation 5 and Xbox Series consoles, and it would continue to grow its market share against Intel (NASDAQ: INTC).
Of course, that particular problem has actually been a tailwind for chipmakers like Nvidia (NASDAQ: NVDA). In fact, Nvidia's share price has skyrocketed 150% since the beginning of 2021 and 455% since the beginning of 2020. Nvidia specializes in accelerated computing.
Today's video focuses on Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). These two semiconductor stocks continue to perform strongly, ignoring most of the downturn the stock market has seen these past few days.