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Feb 29, 07:05 PM
AMD Hits Record High, Market Cap Surges to $304.5B with $20B Gain; NVDA Bulls Eye $800 Calls, $1640 Calls Buyer
Economics
Business

AMD Hits Record High, Market Cap Surges to $304.5B with $20B Gain; NVDA Bulls Eye $800 Calls, $1640 Calls Buyer

Authors
  • Bloomberg
  • MarketWatch
  • *Walter Bloomberg
23

Shares of AMD surged, hitting a record high and increasing its market cap to $304.5B. AMD's market cap has surpassed $300 billion for the first time, with a $20 billion gain in a single day. NVDA bulls are showing interest in $800 calls, with growing anticipation. NVDA also saw aggressive OTM calls and a buyer acquiring $1640 calls. Both NVDA and AMD stocks are performing well, with NVDA turning green after a slow start and AMD breaking out to new all-time highs. AMD's market value crossed $300B, with predictions of further growth and potential touch of $200. The semiconductor market is experiencing significant activity, with AMD and NVDA attracting attention for their impressive performance.

Written with ChatGPT (GPT-3).

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