Better Semiconductor Stock: AMD vs. Intel
Many semiconductor stocks have enjoyed price gains over the past year thanks to soaring interest in artificial intelligence (AI). Thousands of leading-edge logic chips are required to operate an AI system, resulting in a surge in demand for advanced semiconductors.
Two of the largest semiconductor companies in the world, based on market cap, are Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC). With the semiconductor industry forecast to reach $611 billion in 2024, and the rise of AI powering several years of stellar growth, AMD and Intel could be attractive investments.
But not all semiconductor companies are created equal. That raises the question: Is AMD or Intel the better semiconductor buy for the long haul? Here's a look at each 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 91 Buy predictions and 2 Sell predictions.
With a target price of 155 € there is a positive potential of 40.27% for Advanced Micro Devices Inc. compared to the current price of 110.5 €.
