Better Buy: Advanced Micro Devices, Inc. vs. NVIDIA
The last several years has been something of a renaissance for graphics processing units (GPUs). Once merely the domain of hardcore gamers, the humble processor has found a home in the growing trend of artificial intelligence (AI). The same number-crunching acumen used to render graphics was found to be equally adept at training AI systems.
Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) are the two main players in the graphics processing arena, with NVIDIA controlling more than 70% of the discrete desktop GPU market and AMD picking up the remainder. The AI euphoria that has gripped the tech sector has enriched shareholders of both companies. AMD stock is up 113% in the past 12 months, while NVIDIA has skyrocketed 182%!
While both companies stand to benefit from the continuing trend in AI, only one has laid the groundwork to support future gains.
Source: Fool.com
Advanced Micro Devices Inc. Stock
With 89 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 39.38% compared to the current price of 125.56 € for Advanced Micro Devices Inc..
