Can AMD Dethrone Nvidia as an AI King? This One Chart Shows If It Can.
In the world of artificial intelligence (AI) hardware, Nvidia (NASDAQ: NVDA) reigns supreme. However, another competitor also has a solid AI product lineup: AMD (NASDAQ: AMD). While AMD's technology isn't at the same level as Nvidia's in the AI space, it's still quite good and is often considered by many clients before spending significantly on a data center.
As the AI revolution becomes a more popular business topic, AMD has focused more on the technology. But has it done enough to unseat Nvidia? Or is AMD just the annoying little brother? Let's find out.
The one piece of business news that kicked off the entire AI investment storm was Nvidia's second-quarter 2024 guidance for 64% revenue growth. It saw a massive demand for AI-related products, and management felt confident enough in the trend to offer bombshell guidance.
Source Fool.com
Advanced Micro Devices Inc. Aktie
Advanced Micro Devices Inc. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Eine deutliche Steigerung um mehr als 20% ist für Advanced Micro Devices Inc. mit einem Kursziel von 175 € gegenüber 134.76 € zu erwarten.
