Better Artificial Intelligence (AI) Stock: AMD vs. Nvidia
2023 owes a lot to artificial intelligence (AI). A stock market sell-off last year dragged the Nasdaq Composite down 33%. However, excitement over AI has prompted a solid recovery, with the same index up 34% since Jan. 1.
Countless companies have benefited from AI growth, making now an excellent time to invest in the booming market before it's too late. Advanced Micro Devices (NASDAQ: AMD) and Nvidia's (NASDAQ: NVDA) stocks have soared 69% and 232% year to date, respectively, almost entirely thanks to their expansions in AI. These chipmakers will likely play crucial roles in the industry's future, developing the hardware that makes AI possible.
So, is AMD or Nvidia the better AI stock? Let's take a closer look.
Source Fool.com
Advanced Micro Devices Inc. Aktie
140,60 €
0,01 %
Klare Kaufstimmung für Advanced Micro Devices Inc.: Viel mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 178 € für Advanced Micro Devices Inc. könnte der aktuelle Kurs von 140.6 € um mehr als 20% steigen.
