Reported 4 months ago
Investors interested in the artificial intelligence (AI) market should look into investing in chipmakers like Intel with a forward P/E ratio of 28%, indicating good value and potential long-term growth. Intel's focus on manufacturing and receiving support from the CHIPS Act could lead to significant revenue growth in the coming years. Meanwhile, Nvidia, with lower forward P/E than AMD, has shown impressive financial growth, particularly in AI GPU sales. Nvidia's dominance in GPUs and its position as a chip supplier for various industries make it a strong contender in the AI market, along with Intel. Both companies offer better investment options than AMD, whose stock is considered overpriced for now.
Source: YAHOO