Sector Peers Struggle Following Nvidia's Blowout Results
AMD and MU are not so happy to see their competitor thriveWhile Nvidia's (NVDA) earnings report is lifting many Big Tech names today, Advanced Micro Devices Inc (NASDAQ:AMD) and Micron Technology Inc (NASDAQ:MU) are not so happy to see their competitor thrive, despite renewed AI trade optimism. In fact, both semiconductor stocks reversed earlier gains. AMD was last seen down 6% to trade at $209.05, pacing for its sixth-straight daily drop. Shares are extending their pullback from an Oct. 29, all-time high ...