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Fly News Breaks for September 15, 2016
NVDA, AMD
Sep 15, 2016 | 08:17 EDT
MKM Partners analyst Ian Ing says that both AMD (AMD) and NVIDIA (NVDA) are benefiting from their recent GPU launches, as both GPUs are continuing to attract "premium pricing," according to the analyst. The analyst adds that AMD's progress towards net income profitability has accelerated. He keeps Buy ratings on both stocks.