14.10.2024 11:11:00

Nvidia and Advanced Micro Devices Just Gave Magnificent News to AI Chip Investors

How long will the strong artificial intelligence buildout last? The market appears optimistic, with AI chip leader Nvidia (NASDAQ: NVDA) trading at 34 times forward earnings estimates and challenger Advanced Micro Devices (NASDAQ: AMD) trading at 30 times.However, there is a considerable debate among investors as to whether this hypergrowth is sustainable, or whether the AI buildout is going to pop like the dot-com bust. This week, CEOs of AI chip leaders Nvidia and AMD made announcements, each of which gave even greater weight to the bull case for their stocks and AI chips stocks generally.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Ai Holdings Corp 2 092,00 -0,43% Ai Holdings Corp
AMD (Advanced Micro Devices) Inc. 115,04 0,07% AMD (Advanced Micro Devices)  Inc.
NVIDIA Corp. 128,66 1,77% NVIDIA Corp.