In this video, I will be talking about Amazon's (NASDAQ: AMZN) move that will see it making its own chips and competing directly with its partners Intel, Nvidia, and AMD. For the full insights, do watch the video, consider subscribing, and click the special offer link below.
These growth stocks are down sharply from their highs, creating a good buying opportunity for long-term investors.
Shares of Nvidia (NASDAQ: NVDA) look set to end 2022 on a high -- the stock is up 20% in the past month, and the company's latest results seem to give Wall Street hope that its fortunes could turn around in 2023. The segment's revenue increased 31% year over year to $3.8 billion, accounting for 64% of the company's top line.