16-Sep-2024 10:56 PM CST : The AI supercycle is fueling a heated competition between Advanced Micro Devices Inc (NASDAQ: AMD) and Nvidia Corp (NASDAQ: NVDA), with both tech giants racing to capture the growing AI market. While AMD stock has gained 39% this year, it still trails behind its rival's performance.
Analysts are bullish on AMD due to its competitive GPUs compared to Nvidia's, as well as its expanding presence in the data center chip market for artificial intelligence despite Nvidia Corp's moat. According to a recent report from Reuters, Intel has lost out on a lucrative deal with Sony that could have generated around $30 billion over several years.
Jim Cramer recently stated that AMD is "a great buy into weakness," and analysts are optimistic about the company's prospects in the AI market. However, concerns remain regarding the impact of economic uncertainty on demand for high-performance processors powering AI advancements.
Advanced Micro Devices Inc (NASDAQ:AMD) shares have been trading higher this week despite trailing behind Nvidia Corp's performance. The stock has gained 0.61% from its previous day close and is currently priced at $150.77, but investors should be aware of the ongoing competition in the AI market between AMD and Nvidia.
* AI generated summary of articles
AMD News
16-Sep-2024 2:11 PM CST - YAHOO!Finance Is Advanced Micro Devices, Inc. (AMD) a Good Big Tech Stock to Buy Now? We recently compiled a list of the 13 Best Big Tech Stocks To Buy Now. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other big tech stocks.
16-Sep-2024 11:23 AM CST - Insider Monkey Analyst Says Advanced Micro Devices (AMD) GPUs are 'Competitive' With Nvidia's We recently published a list of Top 10 AI Stocks to Watch After Latest Earnings and Analyst Ratings. Since Advanced Micro Devices, Inc (NASDAQ:AMD) ranks 6th on the list, it deserves a deeper look. Tom Lee,
15-Sep-2024 11:01 PM CST - invezz AMD stock price analysis: buy or sell this Nvidia rival? Advanced Micro Devices (AMD) stock price has remained in a deep bear market this year as concerns about the artificial intelligence (AI) industry continued. It has dropped by over 35% from its highest point this year,
15-Sep-2024 2:58 AM CST - Insider Monkey Jim Cramer Says Advanced Micro Devices, Inc. (AMD) Is 'A Great Buy Into Weakness' Stocks to Monitor Closely. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other stocks Jim Cramer recommends to monitor closely. On a recent episode of Mad Money,
13-Sep-2024 8:02 AM CST - Benzinga AMD Vs. Nvidia: AI Stock Showdown Heats Up As Market Awaits Next Big Move The AI supercycle is fueling a heated competition between Advanced Micro Devices Inc (NASDAQ:AMD) and Nvidia Corp (NASDAQ:NVDA), with both tech giants racing to capture the growing AI market. While AMD stock has gained 39.
16-Sep-2024 10:56 PM CST : The AI supercycle is fueling a heated competition between Advanced Micro Devices Inc (NASDAQ: AMD) and Nvidia Corp (NASDAQ: NVDA), with both tech giants racing to capture the growing AI market. While AMD stock has gained 39% this year, it still trails behind its rival's performance.
Analysts are bullish on AMD due to its competitive GPUs compared to Nvidia's, as well as its expanding presence in the data center chip market for artificial intelligence despite Nvidia Corp's moat. According to a recent report from Reuters, Intel has lost out on a lucrative deal with Sony that could have generated around $30 billion over several years.
Jim Cramer recently stated that AMD is "a great buy into weakness," and analysts are optimistic about the company's prospects in the AI market. However, concerns remain regarding the impact of economic uncertainty on demand for high-performance processors powering AI advancements.
Advanced Micro Devices Inc (NASDAQ:AMD) shares have been trading higher this week despite trailing behind Nvidia Corp's performance. The stock has gained 0.61% from its previous day close and is currently priced at $150.77, but investors should be aware of the ongoing competition in the AI market between AMD and Nvidia.
* AI generated summary of articles
AMD News
16-Sep-2024 2:11 PM CST - YAHOO!Finance Is Advanced Micro Devices, Inc. (AMD) a Good Big Tech Stock to Buy Now? We recently compiled a list of the 13 Best Big Tech Stocks To Buy Now. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other big tech stocks.
16-Sep-2024 11:23 AM CST - Insider Monkey Analyst Says Advanced Micro Devices (AMD) GPUs are 'Competitive' With Nvidia's We recently published a list of Top 10 AI Stocks to Watch After Latest Earnings and Analyst Ratings. Since Advanced Micro Devices, Inc (NASDAQ:AMD) ranks 6th on the list, it deserves a deeper look. Tom Lee,
15-Sep-2024 11:01 PM CST - invezz AMD stock price analysis: buy or sell this Nvidia rival? Advanced Micro Devices (AMD) stock price has remained in a deep bear market this year as concerns about the artificial intelligence (AI) industry continued. It has dropped by over 35% from its highest point this year,
15-Sep-2024 2:58 AM CST - Insider Monkey Jim Cramer Says Advanced Micro Devices, Inc. (AMD) Is 'A Great Buy Into Weakness' Stocks to Monitor Closely. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other stocks Jim Cramer recommends to monitor closely. On a recent episode of Mad Money,
13-Sep-2024 8:02 AM CST - Benzinga AMD Vs. Nvidia: AI Stock Showdown Heats Up As Market Awaits Next Big Move The AI supercycle is fueling a heated competition between Advanced Micro Devices Inc (NASDAQ:AMD) and Nvidia Corp (NASDAQ:NVDA), with both tech giants racing to capture the growing AI market. While AMD stock has gained 39.
