From Nasdaq:

Nvidia shares have surged 237%, surpassing Advanced Micro Devices’ 137% rise in the past year. This was due to its GPUs witnessing high demand in advanced AI applications. AMD expects new chips to generate additional sales of $2 billion, which could potentially reach $4 billion.

AMD faces intense competition from Nvidia as it expands its operations, particularly in AI chips. However, AMD’s stock is significantly more expensive than Nvidia’s, despite the latter’s fast growth rate and product release cycle. Despite being a late entrant, AMD could make a solid pick for investors due to its lower prices and better value for money.

The Motley Fool Stock Advisor analyst team has identified 10 best stocks for investors to buy now, and Nvidia wasn’t one of them. Investors should consider this opportunity as the Stock Advisor service has more than tripled the return of S&P 500 since 2002.

Investors should tread carefully while investing in Nvidia, weigh the risks involved, and consider opportunities provided by the broader market. With fresh eyes and careful consideration, tomorrow’s profits could be significant.



Read more: The Next Nvidia? 2024 Will Be a Make-or-Break Year for AMD.