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Should Investors Buy AMD Stock Instead of Nvidia?

The rising effectiveness of artificial intelligence could boost these two semiconductor stocks in 2024.

By Parkev Tatevosian, CFA – Jan 27, 2024 at 3:46PM EST

Fool.com contributor Parkev Tatevosian compares AMD (AMD +1.03%) to Nvidia (NVDA +1.58%) and answers if AMD could be the next artificial intelligence winner in the stock market.

*Stock prices used were the afternoon prices of Jan. 25, 2024. The video was published on Jan. 27, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$204.77
(+1.03%)+$2.09
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$185.46
(+1.54%)+$2.81

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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