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Could AMD Be the Next Nvidia?

AMD's MI300X is gaining traction and setting records for the company.

By Parkev Tatevosian, CFA – May 6, 2024 at 12:09PM EST

Fool.com contributor Parkev Tatevosian evaluates AMD's (AMD +18.37%) latest artificial intelligence marketplace successes and compares it to Nvidia (NVDA +5.93%).

*Stock prices used were the afternoon prices of May 3, 2024. The video was published on May 5, 2024.

Read Next

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. 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
$420.53
(+18.37%)+$65.27
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$208.15
(+5.93%)+$11.65

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

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