Two AI stocks, AMD and Shopify, show potential for growth similar to Nvidia's in 2025.

From Nasdaq: 2025-01-09 04:15:00

Artificial intelligence (AI) stocks, like Nvidia, have seen significant growth, with smaller stocks potentially set for a breakout in 2025. Advanced Micro Devices (AMD) is positioned as Nvidia’s main competitor in the AI accelerator market, with a forecasted CAGR of 29% through 2030.

Shopify, the largest e-commerce platform in the U.S., stands out due to its customizable site and AI tools. With a projected CAGR of 19% through 2030 and revenue growth of 23% in the first three quarters of 2024, Shopify’s stock has risen by nearly 50% in the past year. Investors may find opportunities in both AMD and Shopify stocks for potential growth.



Read more at Nasdaq: 2 Artificial Intelligence (AI) Stocks That Can Have Their Nvidia Moment in 2025