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Is AMD the Sleeping Giant of Artificial Intelligence (AI)?


Nvidia (NASDAQ: NVDA) has had quite the rise thanks to its best-in-class data center graphics processing units (GPUs). But it's not the only company that offers these products. Advanced Micro Devices (NASDAQ: AMD) is another competitor in this space and has seen some success even if it's not nearly to the level that Nvidia has achieved.

So, is AMD the sleeping giant of artificial intelligence (AI) investing? Or are its current aspirations too much of a stretch?

One positive AMD has going for it compared to Nvidia is that it's a much broader company. Instead of focusing solely on GPUs and the other products that support their integration, AMD has other product lines, like CPUs for desktops, embedded processors, and other data center equipment. This helps protect AMD in a downturn.

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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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