The Kobeissi Letter|11月 13, 2026 15:05
BREAKING: AMD, AMD, has outperformed Nvidia, NVDA, by +53.2 percentage points over the last 5 trading days, the most since Nvidia’s IPO in January 1999.
Over this period, AMD rallied +44.7%, while NVDA dropped -8.5%.
The previous record for AMD's 5-day outperformance over Nvidia since 1999 was set in April 2016, at +49.9 percentage points.
So far in 2026, AMD is outperforming NVDA by +184 percentage points.
This comes as AMD is up +173.3% year-to-date, while Nvidia is down -10.7%.
AMD has been a major beneficiary of Nvidia's historic volatility.
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