Investing in AI-focused companies like Nvidia and AMD could lead to substantial gains.

From Nasdaq: 2024-06-07 05:55:00

Investing in companies driving technological trends like AI is wise. Nvidia (NASDAQ: NVDA) is booming, with potential to sell millions of GPUs for data centers by 2026. Its non-GPU business is also growing, making it a solid long-term buy. Advanced Micro Devices (NASDAQ: AMD) is another strong choice, poised for growth in gaming and data centers. Analysts expect AMD’s EPS to hit $7.31 in 2026, potentially doubling its stock price. Think about these options before buying Nvidia stock.



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