Forget AMD: Consider These 2 Millionaire-Maker Stocks Instead
Tech stocks have probably made more than a few millionaires recently, with the Nasdaq-100 Technology Sector up 51% since last May, for example. Increased interest in artificial intelligence (AI) has caused countless stocks to skyrocket. The launch of OpenAI's ChatGPT highlighted just how far the technology has come and its potential to boost many industries.
As a leading chipmaker, Advanced Micro Devices (NASDAQ: AMD) has been a top beneficiary of the bull run. Its stock has climbed 61% over the last year. The company has rallied investors with the second-largest market share in graphics processing units (GPUs), the chips necessary to train AI models, and with heavy investment in its AI offerings.
Source Fool.com
Advanced Micro Devices Inc. Stock
€139.74
-0.570%
The stock is one of the favorites of our community with 90 Buy predictions and 2 Sell predictions.
With a target price of 176 € there is a positive potential of 25.95% for Advanced Micro Devices Inc. compared to the current price of 139.74 €.
