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4 AI or chip stocks to buy aside from Nvidia
By Dr Wealth  •  June 6, 2023
I am still reeling from the sudden revival of the semiconductor industry. 1 jaw-dropping revenue guidance from NVIDIA Corporation (NASDAQ: NVDA) has reversed all the negativities reported by Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) and other semiconductor companies. To the long-term investors, congratulations for staying patient in an age of instant gratification. It seems like yesterday when NVIDIA was trading at below USD 150 per share. Since I did mention that NVIDIA is trading on rich valuations, here are 4 companies to consider aside from NVIDIA.
  1. Advanced Micro Devices, Inc. (NASDAQ: AMD)
NVIDIA and AMD will always go hand in hand whenever it comes to all prospects regarding Graphic Processing Units (GPUs). Prior to AI, AMD has always held a strong foothold in the PC space, powering most of the laptops alongside Intel Corporation (NASDAQ: INTC). But the recent surplus and piling inventories as reported by...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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