Nvidia's underperformance relative to other mega-cap names since November Opex, despite massive equity market rally, is attributable to rival companies (Google, Amazon, Meta, Apple) announcing competing chips and quantum computing initiatives that have stolen narrative momentum from Nvidia
causalpending
Speaker
Brent KachubaEvidence Quote
“Amazon you know announced new Chips Google announced new Chips... that Thunder was really stolen from uh from the semi”
Source
Tesla, MicroStrategy and An Inside Look at the Biggest Options Expiration in Market History— Excess ReturnsCreated: 8/11/2026, 8:03:54 AM
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