Aswath Damodaran, NYU Stern School of Business professor of finance, often known as the “deal of valuation,” recently said in a program on CNBC that he’s still owning a stake in Nvidia, but

Sep 22 - IREN Limited (NASDAQ:IREN) has taken another big step in its push into artificial intelligence infrastructure. On Monday, the data center operator and bitcoin miner said it will spend about $670 million to expand its GPU fleet with hardware from Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD).

Data center operator and Bitcoin miner IREN Limited ($IREN) disclosed a massive purchase of graphics processing units (GPUs) from Nvidia ($NVDA)

The three major microchip stocks in this analysis are all looking to turn things to the upside on Friday, as we are looking forward to rate cuts coming out of the Federal Reserve on Thursday.

Advanced Micro Devices, Inc., has risen significantly in the last two months focuses on data center and desktop CPU markets. Click here to read why AMD stock is a Strong Buy.

It’s no surprise that this exceptional guidance caused shares of Nvidia, Broadcom, and AMD to climb between 2% and 10%, as these chip manufacturers form

The labour market framing will be critical. Powell has argued that cooling reflects immigration and supply expansion, not collapsing demand. If he sticks to that view, it gives the Fed cover to cut without fearing runaway unemployment. But if he pivots toward demand weakness, markets may price an acceleration in easing — a more volatile setup.