Did AMD Just Say "Checkmate" to Nvidia?
When it comes to semiconductor stocks, odds are that companies such as Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) are the first that come to mind. Both companies specialize in designing advanced chips called graphics processing units (GPUs), which are essential components for training generative AI models and machine learning.
Over much of the last two years, Nvidia has emerged as the undisputed leader in the chip realm thanks to its long line of GPUs relative to what AMD has to offer. However, there is another part of Nvidia's computing and networking business that rarely gets spoken about -- and yet it's this very feature that has allowed Nvidia to remain in a market-leading position when it comes to data center GPUs.
Below, I'm going to explain what makes Nvidia such a force, and I'll detail AMD's latest move as it seeks to compete more closely with its rival, and how the chip king is responding.
Source Fool.com
Advanced Micro Devices Inc. Stock
With 113 Buy predictions and 3 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 178 € shows a slightly positive potential of 3.79% compared to the current price of 171.5 € for Advanced Micro Devices Inc..
