Nvidia and Advanced Micro Devices Just Gave Magnificent News to AI Chip Investors
AMD(AMD) The Motley Fool·2024-10-14 09:11
Nvidia is sold out for the next year, while CEO Lisa Su gives the most bullish AI forecast yet.How long will the strong artificial intelligence buildout last? The market appears optimistic, with AI chip leader Nvidia (NVDA -0.01%) trading at 34 times forward earnings estimates and challenger Advanced Micro Devices (AMD 2.26%) trading at 30 times.However, there is a considerable debate among investors as to whether this hypergrowth is sustainable, or whether the AI buildout is going to pop like the dot-com b ...