From Nasdaq:



The article discusses the competition between Advanced Micro Devices (AMD) and Nvidia in the AI technology sector. It mentions that while Nvidia is currently leading in this space, AMD is quickly catching up with its new AI accelerator chip, the Instinct MI300X. The article also highlights the potential market for specialized AI chips and AMD’s projected growth in this segment. Additionally, it mentions that AMD’s profits are expected to expand significantly due to the demand for AI chips. The article emphasizes that while AMD may not necessarily beat Nvidia in the AI market, it can still be a winner by capturing a small share of the market and providing a boost to profit margins and shareholder returns. The author suggests that AMD stock remains a high-octane, long-term investment, and is a buy even though it may not beat Nvidia in AI.



Original: Why AMD Stock Is a Buy Even Though It Won’t Beat Nvidia in AI