Better Artificial Intelligence Stock: Nvidia vs. Intel
Chip companies have been the primary beneficiaries of a recent artificial intelligence (AI) boom. The industry has exploded since November 2022, when OpenAI launched ChatGPT, an advanced chatbot made possible by high-performance chips like graphics processing units (GPUs).
As a leader in GPUs, Nvidia (NASDAQ: NVDA) has massively profited from increased demand for the chips. As I write this, its stock has climbed 642% since the start of last year, alongside soaring earnings as it achieved a majority market share in AI GPUs. Nvidia could have a lot more to offer investors as the industry develops.
However, there is also an argument to be made for investing in a less established AI chip stock like (NASDAQ: INTC), which could have room to run. The company has had a challenging few years, with its share price down 60% since 2021. However, Intel is making moves that could secure a powerful role in AI over the long term.
Source Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 47 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 74 € is below the current price of 78.19 € for Intel Corp., so the potential is actually -5.36%.
