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Why AMD, Intel, and Nvidia Stock All Rallied on Thursday

Are analysts calling the bottom for the consumer electronic market fueling chip stocks? Or is it the considerable investment big tech is making into AI computational power?

By Jose Najarro – Mar 16, 2023 at 5:36PM EST

Advanced Micro Devices (AMD +3.40%), Intel (INTC +0.85%), and Nvidia (NVDA 1.07%) all had a solid green day on Thursday as numerous bullish news reports appeared for the semiconductor market. Check out this short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of March 16, 2023. The video was published on March 16, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Intel, and Nvidia. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. 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.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$199.89
(-1.07%)-$2.17
Intel Stock Quote
Intel
NASDAQ: INTC
$66.26
(+0.85%)+$0.56
Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$284.49
(+3.47%)+$9.54

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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