Adding a Little AMD, But Still Focused on Nvidia

SmartInvestingAI recently added a modest number of Advanced Micro Devices (AMD) shares to Portfolio A, bringing the current weighting of AMD to approximately 1.6%. While acknowledging AMD's position in the market, SmartInvestingAI does not anticipate further increasing this allocation in the near term.

The core investment thesis remains centered on NVIDIA (NVDA), which SmartInvestingAI believes will continue its dominance in both the AI server market and the consumer GPU market. This conviction underpins the decision to prioritize NVIDIA over further expanding the AMD position.

Recent market commentary includes a Bank of America analyst's downgrade of AMD to neutral, a move that SmartInvestingAI considers to be overly short-sighted. This analyst's focus appears to be narrowly confined to AMD's expected growth in 2025, potentially overlooking the company's broader long-term potential.