1 Prediction From Nvidia That Should Excite AMD Investors
There's no hiding it: Graphics processing unit (GPU) leader Nvidia is eating rival Advanced Micro Devices' (NASDAQ: AMD) lunch in the data center space. However, investors don't always have to buy an industry leader to make a successful stock pick, especially if an also-ran company is trading at a significant discount.A rising tide really can lift all boats, and that holds especially true with Nvidia and AMD, as large data center operators don't want to get locked into one GPU provider. Nvidia recently made a bold prediction about where data center infrastructure spending is going -- spending that will benefit both Nvidia and AMD. But the question remains: Does AMD provide enough value to warrant buying its shares over Nvidia?Nvidia is focused on graphics processing units and the various software and technologies that support them. AMD's chip portfolio is much broader. It has GPU offerings that compete with Nvidia's, but also products such as embedded processors and CPUs (central processing units) for personal computers. Nvidia's prediction is specifically for the data center market, so let's ignore these other parts of AMD's business for now.Continue reading
There's no hiding it: Graphics processing unit (GPU) leader Nvidia is eating rival Advanced Micro Devices' (NASDAQ: AMD) lunch in the data center space. However, investors don't always have to buy an industry leader to make a successful stock pick, especially if an also-ran company is trading at a significant discount.
A rising tide really can lift all boats, and that holds especially true with Nvidia and AMD, as large data center operators don't want to get locked into one GPU provider. Nvidia recently made a bold prediction about where data center infrastructure spending is going -- spending that will benefit both Nvidia and AMD. But the question remains: Does AMD provide enough value to warrant buying its shares over Nvidia?
Nvidia is focused on graphics processing units and the various software and technologies that support them. AMD's chip portfolio is much broader. It has GPU offerings that compete with Nvidia's, but also products such as embedded processors and CPUs (central processing units) for personal computers. Nvidia's prediction is specifically for the data center market, so let's ignore these other parts of AMD's business for now.
