Some of 2022's biggest laggards, including electric-vehicle giant Tesla and chip stock Nvidia, are surging Monday, outpacing a broad market surge. Read More...
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Why AMD, Intel, and Nvidia Stocks Popped Monday
Certain semiconductor stocks do look attractive at their present prices. Intel stock, for example, costs less than 9 times trailing earnings currently. AMD and Nvidia, at 39 times and 60 times trailing earnings, respectively, may not be objectively cheap, but they are at least about 50% cheap-er than what they were selling for a year ago.
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