From Nasdaq: 2024-06-18 05:30:00

Nvidia’s growth to a $3.3 trillion valuation is fueled by its AI-focused data center GPUs. AMD competes with Nvidia in AI and gaming chips and holds potential for growth. AMD has a 90% market share in AI CPUs, GPUs, and NPUs. The Wall Street Journal reports high analyst ratings and bullish outlook on AMD stock. Wall Street believes AMD’s forward P/E ratios show its stock may be a good investment. The Motley Fool also sees potential in AMD’s stock but advises investors to consider other top picks. Investing in Advanced Micro Devices could yield substantial returns in the future.



Read more at Nasdaq: Forget Nvidia: Wall Street Is Bullish on Another Unstoppable Artificial Intelligence (AI) Stock