Better Semiconductor Stock: AMD vs. Broadcom
Semiconductor stocks are a great area to invest in. The industry had a strong 2024 with global sales up 19% year over year and more growth expected in 2025. The World Semiconductor Trade Statistics forecasts the industry to reach nearly $700 billion in 2025, up from $627 billion in 2024.
Thanks to factors such as the expanding artificial intelligence market, the industry could enjoy years of additional growth. To capitalize on this, two prominent semiconductor stocks to consider investing in are Advanced Micro Devices (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO).
Both are seeing strong sales thanks to customer demand for their AI-related products. But if you had to choose only one to invest in, which would it be? Here's a look at AMD and Broadcom to help you arrive at an answer.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 113 Buy predictions and 3 Sell predictions.
With a target price of 213 € there is a slightly positive potential of 18.68% for Advanced Micro Devices Inc. compared to the current price of 179.48 €.
