Better AI Stock: Nvidia vs. Meta Platforms
Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META) are both well poised to profit from the secular expansion of the AI market. Many large tech companies, including Meta, install Nvidia's top-tier graphics processing units (GPUs) in their data centers to process complex machine learning and AI tasks.
For Meta, Nvidia's chips make it easier to craft targeted ads, make recommendations, learn languages, and identify harmful content. At other companies, they can be used to automate tasks, identify business trends, and make data-driven decisions. Nvidia's A100 chip also powers "generative AI" platforms -- including ChatGPT, Bing AI, and Stable Diffusion -- which are trained on existing information to create new content.
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Source Fool.com
