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How AMD and Intel Are Teaming Up With FAANG to Take On Nvidia


Perhaps the hottest question in technology investing circles today is whether Nvidia's (NASDAQ: NVDA) eye-popping growth and margins displayed over the course of the past two quarters is sustainable. If artificial-intelligence (AI) accelerators grow at a 50% annualized growth rate for the next five years as some think, Nvidia's stock may actually be cheap. But if competitive forces begin to eat away at its AI dominance, Nvidia's stock may be as expensive as its 100 P/E ratio looks.

At a recent industry conference, Lisa Su, the CEO of Nvidia competitor Advanced Micro Devices (NASDAQ: AMD), said of Nvidia's AI moat, "I'm not a believer in moats when the market is moving as fast as this."

That statement supposes Nvidia's current lead in the dynamic AI space isn't assured, even though it has a multiyear head start in AI accelerator hardware and software development.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€128.94
0.830%
The Advanced Micro Devices Inc. stock is trending slightly upwards today, with an increase of €1.06 (0.830%) compared to yesterday's price.
With 80 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 36.5% compared to the current price of 128.94 € for Advanced Micro Devices Inc..
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