Trading Nvidia, AMD and Intel as Congress Votes on Chips Act

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The Street

By Bret Kenwell The chip stocks are in focus amid the recent rally. Here’s how to trade AMD, Nvidia and Intel now. Chip stocks like Nvidia (NVDA) – Get NVIDIA Corporation Report, Advanced Micro Devices (AMD) – Get Advanced Micro Devices Inc. Report, Intel (INTC) – Get Intel Corporation Report and more are in focus on July 20. That’s not only as these three stocks work on their sixth straight daily gain, but also as earnings start to roll in and as the Chips Act — formally the Creating Helpful Incentives for the Production of Semiconductors for America Act — is being voted on in Congress. Des…

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