TECH - What's Going On With Nvidia and AMD Stocks Friday? | Benzinga
Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) stocks are trading lower Friday amid reports of Bill Baruch, President and COO of Blue Creek Capital, trimming his exposure to the semiconductor stocks.
Joshua Brown, CEO of Ritholtz Wealth Management, who has a core position in Nvidia, cut his exposure to AMD as he does not want to own both, considering the latter overbought based on its relative strength index (RSI). He looks to boost his stake in AMD at a lower price.
The fund managers joined join CNBC's "Halftime Report" to share their latest moves in the semiconductor space.
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