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The artificial intelligence (AI) boom created one of the most extraordinary stock market winners in history. Nvidia (NVDA) has evolved from just a gaming/niche GPU company into the backbone of the AI revolution, now holding the “AI King” crown firmly. It delivered massive gains of 22,648% over the last decade that many investors now regret missing. But markets do not only provide one chance. Investors who believe they arrived late to the Nvidia boom may get a second shot with Advanced Micro Devices (AMD). While it is not comparable to Nvidia, it has the potential to be very strong in its own way.
Valued at $448.2 billion, AMD stock is up 33% year-to-date (YTD), compared to the tech-led Nasdaq Composite Index ($NASX) gain of 4.7% YTD.