Better Artificial Intelligence (AI) Stock: Nvidia vs. Arm Holdings
Shares of Nvidia (NASDAQ: NVDA) and Arm Holdings (NASDAQ: ARM) have been in fine form on the stock market in 2024 with impressive gains of 75% and 66%, respectively, so far, and artificial intelligence (AI) has played a key role in this solid surge.
While Nvidia's fiscal 2024 fourth-quarter results, which were released in February, established the company's dominance in the fast-growing market for AI chips, Arm also joined the AI bandwagon following its latest quarterly results. However, if you are looking to buy an AI stock right now and need to choose between Nvidia and Arm Holdings, which one should you buy?
Let's find out.
Source Fool.com