Better Buy: NVIDIA vs. Advanced Micro Devices
The stocks of chip companies Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) have been on the rise over the past year, with the former up roughly 90% and the latter up some 160%. Which of these two archrivals looks like the best buy now? Let's take a look.
VEGA FRONTIER EDITION GPU. IMAGE SOURCE: ADVANCED MICRO DEVICES INC.
After long being dominated by Intel and NVIDIA, AMD has had a strong start to 2017. AMD received a lot of attention for several new product launches, including its new Ryzen CPUs, Vega GPUs, and its new Epyc chip for servers. These new chips offer a competitive value proposition, and investors are clearly optimistic about AMD's prospects.
Source: Fool.com
Advanced Micro Devices Inc. Stock
€418.00
-1.660%
The stock is one of the favorites of our community with 105 Buy predictions and 4 Sell predictions.
With a target price of 523 € there is a positive potential of 25.12% for Advanced Micro Devices Inc. compared to the current price of 418.0 €.
