Could AMD Be the Nvidia of 2025?
When it comes to semiconductor stocks, it's virtually impossible not to think of Nvidia. Over the last two years, the company has become the undisputed leader among chip stocks, and with that, is swiftly emerging at the forefront of the pack among artificial intelligence (AI) companies more broadly.
In my eyes, though, investors have been so eager to get in on the action with Nvidia that they've essentially forgotten about other opportunities in the chip realm. With 2024 coming to a close, I'd encourage investors to take a look around and consider what under-the-radar opportunities could be looming.
I'm going to make the case for why an investment in Advanced Micro Devices (NASDAQ: AMD) looks especially enticing right now. Could AMD be next year's Nvidia? I think so.
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 239 € there is a positive potential of 23.2% for Advanced Micro Devices Inc. compared to the current price of 194.0 €.
