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AMD Stock Posts Largest Relative Gain Against Nvidia Since 1999
(9 hours ago) · 1 source · Summarized by CryptoBipto
AMD has experienced its biggest stock performance relative to Nvidia since 1999. The run comes ahead of an upcoming earnings report, raising questions about whether the momentum can be sustained.
WHY IT MATTERS
While this story is about traditional stocks rather than cryptocurrency, the semiconductor industry is relevant to crypto because the chips these companies make are used for mining certain cryptocurrencies and powering the AI systems that are increasingly intersecting with blockchain technology.
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SOURCES
- beincrypto.com
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