Better AI Infrastructure Stock: Nvidia vs. AMD
Semiconductor stocks have soared as the AI build-out marches on.
Overview
Artificial intelligence (AI) spending shows no signs of slowing as tech companies compete to offer the best AI models and sell advanced computing services to their customers. The latest estimates put AI data center infrastructure spending at around $750 billion this year and more than $1 trillion next year.
Two of the undisputed winners in this market are chip companies Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). Over the past three years, their share prices have soared 341% and 334%, respectively.
Details
But which company is the better AI infrastructure stock to own over the long term? Both stocks are worth owning, but Nvidia is likely the best. Here's why.
Source
Originally published at www.fool.com.