Better Artificial Intelligence Stock: Nvidia vs. AMD
Nvidia's (NASDAQ: NVDA) stock surged 2,750% over the past five years as the artificial intelligence (AI) market exploded. Nvidia once generated most of its sales from gaming GPUs for PCs, but the rise of generative AI platforms drove more companies to buy its high-end data center GPUs -- which are used to process complex AI tasks more efficiently than stand-alone CPUs.
Nvidia's early-mover advantage made it a simple way to profit from the secular expansion of the booming AI market, but some investors might be wondering if the hot chipmaker will run out of steam. Could (NASDAQ: AMD), which generated a more modest gain of 380% over the past five years, represent a smarter way to profit from the AI market's growth?
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Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 109 Buy predictions and 3 Sell predictions.
With a target price of 521 € there is a positive potential of 26.18% for Advanced Micro Devices Inc. compared to the current price of 412.9 €.
