I’ll take that bet.
Not that I don’t like Nvidia - I do. But I think we have an overbought situation at Nvidia. People are going to be willing to take profit, and the smallest misstep will cause a lot of bloodletting. I’d rather buy on a pullback - sometimes I get it, sometimes I miss it, but on this Nvidia I think the risk/reward profile is better to be cautious.
AMD is the reverse. It is in a turn around situation, and has been doing everything right in the last 6 months. The new CEO is making all the right moves. Intel has stumbled, giving Nvidia a better opportunity in the x86 space. Intel is also partnering big time on gaming chips, providing an opportunity to take market share from Nvidia. AMD is oversold - anything positive will move the stock up, and there is still a lot of short activity - 20% of the float is shorted, according to MarketWatch.
If you want to talk 5 yrs, I’m not sure which I would choose, but for 2 yrs, I’ll definitely go with AMD