Ads
related to: amd vs nvidia stock price today
Search results
Results From The WOW.Com Content Network
Amid that news, AI chip stocks such as Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) plunged. Since Nvidia is the market leader in AI accelerators, AMD has not benefited as ...
Additionally, Nvidia's stock is technically cheaper than AMD's. While not inexpensive, Nvidia's shares have a price-to-earnings ratio of 69, which is far cheaper than AMD's stock's P/E ratio of 130.
AMD stock is up by just 7% year to date, while Nvidia's has jumped 125%. Moreover, history doesn't bode well for AMD when it comes to its efforts to compete against Nvidia in AI.
In contrast, AMD has become known for catching up to its competitors technically, and it is again attempting to do so in the AI accelerator market. Better Artificial Intelligence Stock: Nvidia vs. AMD
With Nvidia's stock price soaring, some investors are considering AMD stock instead.
Nvidia's (NASDAQ: NVDA) stock surged 2,750% over the past five years as the artificial intelligence (AI) market exploded. Nvidia once generated most of its sales from gaming GPUs for PCs, but the ...