Better Artificial Intelligence Stock: AMD vs. Super Micro Computer
Artificial intelligence (AI) is a game changer for many tech stocks, driving share prices to incredible highs. Two businesses benefiting from the AI fervor are Advanced Micro Devices (NASDAQ: AMD), or AMD, and Super Micro Computer (NASDAQ: SMCI), commonly known as Supermicro.
Both saw insatiable customer demand for their AI-related products over the past year, causing outsized share price gains. AMD stock went from a 52-week low of $93.12 in 2023 to a high of $227.30 in March. Meanwhile, Supermicro shares surged to a 52-week high of $1,229 in March from a low of $226.59 last year.
With the the broader stock market's recent sell-off, AMD and Supermicro are currently well below their highs. This creates an opportunity to pick up shares, but which of these AI-related stocks is the better buy?
Source Fool.com
Advanced Micro Devices Inc. Stock
With 84 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 175 € shows a positive potential of 29.86% compared to the current price of 134.76 € for Advanced Micro Devices Inc..
