AMD and Microsoft Bet Big on AI, AMD Stock May Offer More Upside
-
AMD and Microsoft are investing heavily in AI and stand to benefit from the boom in the technology.
-
AMD is challenging Nvidia in the AI chip market with new offerings like its MI300X GPU. It also aims to expand into AI PCs.
-
Microsoft has an early lead in AI through its partnership with OpenAI, integrating AI across its products like Bing and Azure.
-
Both AMD and Microsoft posted strong recent revenue growth, partly driven by their AI businesses.
-
AMD appears to have more room for stock growth than Microsoft based on future earnings projections, making it a potentially better AI investment pick right now.