Better Artificial Intelligence Stock: ASML vs. AMD
Artificial intelligence (AI) remains a hot area to invest in, as seen in Nvidia's share price, which is up over 30% this year through Aug. 6. Two AI businesses to consider are ASML Holding (NASDAQ: ASML) and Advanced Micro Devices (NASDAQ: AMD), since they provide key hardware to the industry.
The former makes cutting-edge lithography machines, which are necessary for producing the advanced microchips that power AI systems. AMD, one of Nvidia's top competitors, sells AI chips to cloud computing companies such as .
ASML and AMD are both strong businesses. But determining which is a better AI investment isn't simple. So let's evaluate them in more detail.
Source Fool.com
Advanced Micro Devices Inc. Stock
€182.26
-0.470%
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 220 € shows a positive potential of 20.71% compared to the current price of 182.26 € for Advanced Micro Devices Inc..
