2 Reasons Why AMD Is a Better Artificial Intelligence (AI) Stock to Buy Than Nvidia -- and 2 Reasons Why It Isn't
Which huge artificial intelligence (AI) chipmaker has the most momentum right now? It's not Nvidia (NASDAQ: NVDA). Sure, Nvidia's shares have more than tripled in 2023. Over the last three months, though, the stock is only up by the low-single digits.
Meanwhile, Advanced Micro Devices (NASDAQ: AMD) has more than doubled this year. And its stock has especially been on fire recently, jumping close to 30% over the last three months.
Investors have an interesting choice in picking between these two stocks. Here are two reasons why AMD is a better AI stock to buy than Nvidia -- and two reasons why it isn't.
Source Fool.com