From Nasdaq: 2024-05-12 06:00:00

The tech industry is thriving thanks to advances in artificial intelligence. The launch of OpenAI’s ChatGPT has spurred growth, with the Nasdaq-100 Technology Sector up 75%. Companies are restructuring to prioritize AI, boosting related sectors like VR, cloud computing, and e-commerce. Intel and AMD are both strong investment options, but AMD’s growth in recent years makes it the better tech stock. AMD’s stock has soared nearly 4,000% in the past decade, with strong performance in CPUs, GPUs, and AI chips. The company’s recent earnings beat estimates, showing growth potential in AI and PC markets. While Intel is undeniably the better-valued stock, with a lower P/E and P/S ratio, AMD’s partnerships, financial standing, and growth in AI make it the more reliable investment option. The Motley Fool’s Stock Advisor team recently identified AMD as one of the 10 best stocks for investors to buy now, suggesting strong potential for future returns.Randi Zuckerberg, former Facebook director and sister to Meta Platforms CEO Mark Zuckerberg, serves on The Motley Fool’s board of directors. The Motley Fool holds positions in both AMD and Intel, as well as other tech giants like Apple, Microsoft, and Nvidia. The company recommends investing in AMD for its growth potential in the expanding technology sector.



Read more at Nasdaq: Better Tech Stock: Intel vs. AMD