1 Important Advantage for NVIDIA
Recently, analysts and investors have been focused on whether Advanced Micro Devices' (NASDAQ: AMD) new Vega graphics processing units (GPUs) will beat NVIDIA's (NASDAQ: NVDA) Pascal-based GPUs. These short-term battles are important to monitor, but they are just that -- battles -- in a long-term war.
To win a war in technology, you need the cash to spend on hiring top engineers, in addition to research and development (R&D). To have the means to do that, a company needs to be financially healthy. On this measure, NVIDIA is in a much superior position, and this gives it a significant edge against its arch-rival, AMD.
IMAGE SOURCE: NVIDIA
Source: Fool.com
Advanced Micro Devices Inc. Stock
With 81 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 176 € shows a positive potential of 37.14% compared to the current price of 128.34 € for Advanced Micro Devices Inc..