1 Agentic AI Chip Stock to Buy and 1 to Sell
AMD looks like a great buy, while ARM Holdings' stock has gotten ahead of itself.
Overview
Agentic artificial intelligence (AI) is here. There is no clearer sign of that than Meta Platforms' personal Muse AI agent becoming the most-downloaded app on the Apple App Store after launching earlier this month. Meanwhile, Grand View Research predicts that the enterprise AI agentic market will grow at an over 48% compounded annual growth rate through 2033 to $83.4 billion.
With the rise of agentic AI also comes the need for more data center server central processing units (CPUs). Two of the leading stocks in this area are Advanced Micro Devices (NASDAQ: AMD) and Arm Holdings (NASDAQ: ARM). However, I'd only buy one of these stocks, despite the strong market tailwinds these companies are seeing.
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Originally published at www.fool.com.