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Spending on artificial intelligence (AI) infrastructure is set to see a big boost this year, which will undoubtedly help a number of semiconductor stocks with ties to AI chips.
Investing, especially in the artificial intelligence (AI) field, is fraught with uncertainty. Some stocks have returned 1,000% or more in a relatively short time, while others with potentially promising growth prospects ended up losing money for investors.
History seems to be repeating itself for Advanced Micro Devices (AMD -2.92%). In the early 2000s, it was said that Intel let AMD survive only so that Intel wouldn't be considered a monopoly in the PC processor market.
Artificial intelligence (AI) has been a hot sector to invest in, helping the stock market reach new highs in 2024. Two of the biggest beneficiaries from the rise of AI are semiconductor giants Advanced Micro Devices (AMD -2.92%) and its chief rival Nvidia (NVDA -4.05%).
With NVIDIA and AMD vying for dominance in the massive data center computing market, let's delve into the better investment choice.
Millionaire Venture Capitalist and tech analyst, Luke Lango, is no stranger to uncovering little-known stocks on the verge of huge run ups… Lango called the rise of AMD, GameStop and Blink while they were all trading under $2. So while most of the world fixates on the rollercoaster swings of A.I. stocks like Nvidia, Google and Microsoft… Luke Lango says you have to look beyond the headlines to see the real AI wealth creation story taking shape… And he claims its centered around a tiny $3 AI stock at the heart of a $100 Trillion wealth shift. It’s a startup he says could soon be “The Amazon of Real Estate.” As its proprietary AI technology revolutionizes how virtually everyone buys and sells their home, Luke believes this small startup could soon balloon to a $100 billion company. That kind of growth, Lango projects, could send the stock price soaring by as much as 1,000% in the coming year. In a brand new streaming video, Luke Lango travels straight to the Silicon Valley he
Recently, Zacks.com users have been paying close attention to Advanced Micro (AMD). This makes it worthwhile to examine what the stock has in store.
Wall Street Is Sleeping On AMD's AI Inference Boom
In this video, I will cover the recent updates about Advanced Micro Devices (AMD -0.24%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
Self-made millionaires build wealth through disciplined, consistent investing. I focus on dividend growth stocks, avoid single-stock risks, and live below my means to reinvest. I invest in wide-moat companies with strong fundamentals. Prioritizing dividend growth, I aim for income and long-term gains without timing the market. My picks reflect my conviction in dividend growth as a wealth-building tool. These stocks align with my long-term vision for financial security and success.