Better Artificial Intelligence Stock: AMD vs. Marvell Technology
Advanced Micro Devices (NASDAQ: AMD) and Marvell Technology (NASDAQ: MRVL) have enjoyed contrasting fortunes on the stock market in 2024, with one of these names delivering stellar gains while the other one is in the red.
More specifically, AMD stock's decline of 13% this year pales in comparison to the impressive 76% surge in Marvell's shares. Both companies are benefiting from the growing demand for chips to power artificial intelligence (AI). So, will Marvell remain the better AI stock of the two in 2025 as well? Or can AMD turn its fortunes around in the new year and outperform Marvell?
Let's find out.
Source Fool.com
Advanced Micro Devices Inc. Stock
€189.70
6.520%
The stock is one of the favorites of our community with 114 Buy predictions and 3 Sell predictions.
With a target price of 229 € there is a positive potential of 20.72% for Advanced Micro Devices Inc. compared to the current price of 189.7 €.
