77663629
2021-12-28
Nvda gogogo
AMD, Nvidia lead chips to start week with broad gains
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Early Monday, AMD and Global Foundries(NASDAQ:GFS)announced a new chip-supply deal in which AMD (AMD) will buy $2.1 billion worth of chips from Global Foundries (GFS)between 2022 and 2025.</p>\n<p>Nvidia (NVDA)rose 4.4%, to lift its shares by 137% since the end of 2020. Speaking on CNBC,Loup Ventures managing partner Gene Munstersaid Nvidia (NVDA), and other high-valuation tech stocks could be in line for some form of market correction in 2022.</p>\n<p>Chip-equipment maker Applied Materials (AMAT) also had a strong day, as its shares climbed 4.7%, to give in a gain of almost 90% this year. 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Early Monday, AMD and Global Foundries(NASDAQ:GFS)announced a new chip-supply deal in which AMD (AMD) will buy $2.1 billion worth of chips from Global Foundries (GFS)between 2022 and 2025.\nNvidia (NVDA)rose 4.4%, to lift its shares by 137% since the end of 2020. Speaking on CNBC,Loup Ventures managing partner Gene Munstersaid Nvidia (NVDA), and other high-valuation tech stocks could be in line for some form of market correction in 2022.\nChip-equipment maker Applied Materials (AMAT) also had a strong day, as its shares climbed 4.7%, to give in a gain of almost 90% this year. 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