Better Artificial Intelligence Stock: Broadcom vs. AMD
It's a good time to invest in the fast-growing artificial intelligence (AI) industry. The market for AI is expected to surpass $184 billion this year, and forecast to reach more than $826 billion by 2030.
Among AI tech stocks, semiconductor firms Broadcom (NASDAQ: AVGO) and Advanced Micro Devices (NASDAQ: AMD) are two to consider investing in. The AI industry's growth has led to outsized sales for both as customers flocked to their offerings.
But if you had to choose between them, is one a better AI stock than the other? Let's compare Broadcom and AMD to help you decide which is the better AI investment for the long run.
Source Fool.com
Advanced Micro Devices Inc. Stock
€90.58
2.060%
The stock is one of the favorites of our community with 84 Buy predictions and 4 Sell predictions.
With a target price of 158 € there is a hugely positive potential of 74.43% for Advanced Micro Devices Inc. compared to the current price of 90.58 €.
