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Massive News for AMD Stock and Nvidia Stock Investors

By Parkev Tatevosian, CFA – Oct 14, 2024 at 8:33AM EST

The growing effectiveness of artificial intelligence is attracting investors.

AMD (AMD +1.49%) is following in the footsteps of Nvidia (NVDA +1.87%) and planning annual upgrades to its artificial intelligence (AI) products.

*Stock prices used were the afternoon prices of Oct. 10, 2024. The video was published on Oct. 12, 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

Nvidia Stock Quote

Nvidia

NASDAQ: NVDA
$174.14 (+0.02%) $+3.20
Advanced Micro Devices Stock Quote

Advanced Micro Devices

NASDAQ: AMD
$201.06 (+0.01%) $+2.95

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

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