NVIDA vs. AMD: Which Is the Better AI Stock?
NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) have been rivals in the graphics processor space for quite some time. Right now, NVIDIA holds more than 70% of discrete desktop GPU market share and AMD takes the rest. And while desktop graphics processor units sales are an important business for both companies, there's reason to believe that the next stage of their rivalry will be fighting over which has the better artificial intelligence processors.
The AI market will be worth an estimated $59.8 billion by 2025 -- up from just $1.4 billion last year -- and NVIDIA and AMD are hoping that their GPUs will be a driving force in this growing market. So let's take a look what this means and which stock has more potential in the space.
Image source: Getty Images.
Source: Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 89 Buy predictions and 2 Sell predictions.
With a target price of 175 € there is a positive potential of 44.41% for Advanced Micro Devices Inc. compared to the current price of 121.18 €.
