09.08.2024 23:15:00

Better Artificial Intelligence (AI) Stock: Arm Holdings vs. Advanced Micro Devices

Arm Holdings (NASDAQ: ARM) and Advanced Micro Devices (NASDAQ: AMD) have witnessed contrasting fortunes on the stock market in 2024, with one of these companies sitting on healthy gains so far this year while the other one underperforms the broader semiconductor market.Arm stock has jumped 50% this year. AMD, on the other hand, has lost 10% of its value compared to the 10% gains clocked by the PHLX Semiconductor Sector index. It is worth noting that both companies are benefiting from the growing demand for artificial intelligence (AI) chips in different ways.Here's a closer look at the AI-related prospects of both Arm and AMD to help you find out which of these two companies are worth your money right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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AMD (Advanced Micro Devices) Inc. 91,46 -2,72% AMD (Advanced Micro Devices)  Inc.