Better AI Chip Stock: AMD vs. Broadcom
When it comes to artificial intelligence (AI) chip stocks, Nvidia (NASDAQ: NVDA) has been crowned the king by market prognosticators. That doesn't mean there aren't other contenders for the throne.
Two large companies vying to make inroads into the AI infrastructure market and steal some Nvlidia thunder are Advanced Micro Devices (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO). Let's look at which of these two AI contenders is the better stock to own.
AMD and Broadcom are taking different approaches to the AI infrastructure market in a bid to take some market share away from Nvidia. Both have been seeing strong growth coming from AI.
Source Fool.com
Advanced Micro Devices Inc. Stock
€187.18
-1.330%
With 112 Buy predictions and 3 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 230 € shows a positive potential of 22.88% compared to the current price of 187.18 € for Advanced Micro Devices Inc..
