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This Is Why Nvidia and Advanced Micro Devices Shares Are on Fire

May 20, 2023
in Trade Tube
Reading Time: 1 min read
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Nvidia and Advanced Micro Devices shares are on fire not just because of Apple.

“Technology is on fire – look at what the tech sector has done,” said Kenny Polcari, director of equities at O’Neil Securities. “Even energy companies – they are partly becoming technology companies.”

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Nvidia shares are up over 43% since the start of the year, while AMD shares are up 25%. The broad S&P 500 is up 9.3%.

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