Why AMD, Qualcomm, and Nvidia Stocks Jump on Monday

By Jose Najarro – Jan 24, 2023 at 7:30AM

NASDAQ: NVDA

Nvidia

Market Cap

$2,066B

Today's Change

(5.90%) $48.78

Current Price

$875.10

Price as of April 26, 2024, 2:37 p.m. ET

Is this the beginning of a good year for chip stock investors?

Today's video focuses on recent analysts' upgrades affecting Nvidia (NVDA 5.90%), Advanced Micro Devices (AMD 2.44%), and Qualcomm (QCOM 1.54%), causing stock prices to jump over 5% on Monday. Is it too early to get excited about semiconductor stocks when earnings are right around the corner? Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of Jan. 23, 2023. The video was published on Jan. 23, 2023.

Jose Najarro has positions in Advanced Micro Devices, Nvidia, and Qualcomm. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Qualcomm. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.