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Fast Money Traders Share Their Chip Picks

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Fast Money Traders Share Their Chip Picks

On CNBC's "Fast Money", Guy Adami said that NVIDIA Corporation (NASDAQ: NVDA) has a chance to move to $200. He also thinks that Advanced Micro Devices, Inc. (NASDAQ: AMD) could trade higher.

Tim Seymour said he owns Intel Corporation (NASDAQ: INTC) and he feels comfortable owning the stock. He also likes Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM).

See Also: AMD's RX Vega Vs. Nvidia's GTX1080: The Great Rivalry Heats Up

Dan Nathan believes Intel has a great balance sheet and he added that the stock is trading well below the market multiple. He thinks that it could trade higher.

Pete Najarian sees Nvidia as a great trade. He would buy the stock. He also thinks that Western Digital Corp (NASDAQ: WDC) is a buy, because the company has diversified into the semiconductor space with acquisitions.

 

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Posted-In: CNBC Dan Nathan Guy Adami Pete Najarian Tim SeymourTech Media Trading Ideas Best of Benzinga