Why the Chip Slump May Not Hurt Chip Investors

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Heard on the Street: Memory-chip stocks like Samsung are so cheap that investors may profit even as profits fall

 

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Here's why Advanced Micro and Nvidia could be your best buys in chip spaceErin Gibbs of S&P Global Market Intelligence and Todd Gordon of TradingAnalysis.com discuss why Advanced Micrco and Nvidia are the best buys in the semiconductor space. TradingNation Nvidia maybe, but not AMD. I just don’t see the multiple justified as we continue grinding through a cyclical downturn in the chip sector. Nvidia’s P/E is half of AMD’s and has already priced in the downturn more fully.
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