AMD or Nvidia: Which AI stock should you buy now?

IndustryTrends

Nvidia has shown superior stock performance over the past year, with a valuation increase of over 200%, compared to AMD's 107% boost.

Nvidia and AMD have exhibited similar gains over the last three months, with Nvidia at 49% and AMD at 53%.

Nvidia dominates the data center GPU segment with a 92% market share, while AMD's share is only 3%.

 AMD's desktop segment saw a 62% YoY revenue increase due to competitive pricing of Ryzen CPUs, while industrial sector revenue was down 24%.

Analysts project an average Nvidia price target of $683.26, with a high estimate of $1100, and an average AMD price target of $194.16, with a high estimate of $270.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Read More Stories