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NVDA - Nvidia's ARM Acquisition: Good For Nvidia Bad For AMD
NVIDIA Corporation
In my last article on Nvidia (NVDA), I discussed the huge leap forward in GPU technology marked by the launch of the GeForce RTX 30 Series. Only a few days later, NVDA announced the biggest chip deal in history with its $40B purchase of ARM from SoftBank (SFTBY). To my surprise, the reactions of the analysts to first publish articles on the deal here on Seeking Alpha were neutral and very bearish. Likewise, the most recent article on Advanced Micro Devices (AMD) is very bullish.