This new AI trade is leaving Nvidia and Micron in the dust

Nvidia (NVDA) and Micron (MU) have become two of the defining stocks of the AI boom. But a come-from-behind trade in old-school storage has outrun both, with Western Digital (WDC) and Seagate Technology (STX) leading the charge.

Since ChatGPT launched in November 2022, Western Digital and Seagate have outperformed Nvidia and Micron, according to Yahoo Finance data.

Link: https://finance.yahoo.com/markets/article/this-new-ai-trade-is-leaving-nvidia-and-micron-in-the-dust-204250157.html