Nvidia stock has surged 165%, Arm Holdings up 120%, with Nvidia dominating AI market.
From Nasdaq.: 2024-06-15 07:00:00
Nvidia’s stock has soared 165% in the past year due to AI growth, while Arm Holdings is up 120%. Both companies play key roles in AI, with Nvidia dominating the market share for AI chips. NVIDIA also has greater revenue, but Arm is more profitable. Differing valuations suggest Nvidia is the better investment.
Read more at Nasdaq.: Better Artificial Intelligence Stock: Nvidia vs. Arm Holdings