I'm Buying AMD Over Nvidia Stock in 2024 (Here's Why)

#amd stock is setting up for a great 2024 and might even be a better buy than #nvidia ( #nvda stock ). Before the next AMD earnings call, let's compare AMD and Nvidia in terms of data center GPUs, which they both sell to power Generative AI applications like #chatgpt by #openai and then look at their automotive chips, like the kind AMD sells to #tesla ( #tsla stock ). With Nvidia facing so many supply limitations, the AI and semiconductor markets could be big enough for 2 winning stocks, potentially making AMD stock one of the best stocks to buy now!

» Tesla (TSLA Stock) Valuation:

» Palantir (PLTR Stock) Valuation:

Timestamps:
00:00 AMD Stock in 2024
01:03 AMD MI300X AI Data Center GPUs
05:54 AMD EPYC Data Center CPUs
08:01 AMD Ryzen AI Consumer CPUs
10:00 AMD Radeon GPUs & Gaming
12:11 AMD Embedded Chips & Tesla

Resources & References:

🙏 Thanks for watching!

Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.

[douglascrawford]

Always appreciate your input and professional production. It's good to step back and weight the developments of each company. Even Intel could surprise us with some leap-frog development.

[neuromd]

I appreciate the synopsis at the beginning and because of it I watched the entire video.

[raybod]

AMD always says what a great chip they have coming up, never performs as good as they claim.

[DoughRollers-tbli]

You can never say never to opportunity like S&P 500 ETFs, VOO which is up. I’m being instructed by an intelligent investor to buy more anytime it drops, cashing up along the way on every moves, also incorporating new stocks.

[tyekins]

It’s a win win for me. Bn buying AMD since it was 10 bucks and Nvdia since it was 140 bucks. My portfolio had bn smiling since last year.

[Waersted]

Agian mah man, love your in-depth videoes, where you dont just talk statistics and show graphs - you actually explain the company, competitors etc etc. love it

[AjitMD]

NVDA has open proprietary architecture with value added chain including system integration, CUDA software platform and applications. There is high switching cost. AMD is trying to catch with semiconductors, but generic software and applications. NVDA has great revenue growth and great cash flow and reasonable forward PE. AMD is expensive with small margins. Just like the early days of Winter until the market matured decades later. Yes, NVDA is a saffer hold.

[rkenseth]

I stayed with NVDA and told my friends to double up on NVDA and you don't need to own both just the best of the two. NVDA is up YTD 171% and AMD is p YTD 23%. The first half is over, I think NVDA will end up being the better pick of the two. In 6 months we will know.

[r.jay]

I still can’t believe I was buying this stock in 2020 at $50 a share and still holding today 😜🚀🚀🚀

[bobbyburns]

This channel is dope,
Love the intro and ‘not keeping hostage’

[markrobertdevison]

I'm staying with NVDA but it wouldn't hurt to have a position in AMD, just not as big as an NVDA position. Or own one of the two and add LRCX to your portfolio. That way they aren't over lapping.

[ZupE]

Everyone is getting this wrong.. NVDA and AMD are fine.. but your upside is now limited. All you have to do is look what Sam Altman wants to build.. he knows whats coming.. nVidia and AMD do not make their own chips.. they are not vertically integrated. The diamond hidden in the rough is the long forgotten... Intel. They are already way ahead of Sam

[joseba]

Bravo for introducing the agenda first. Good format. You have a new subscriber :-)

[allenliu]

the thing is that you should buy both
because as long as amd, intel, and nvidia compete with each other
we will continue to have better and better stock prices

[Maxfisg]

You should have mentioned the current implied growth rate and multiples already being priced into the stock to have a more comprehensive analysis. AMD has a much bigger forward multiple as it is today so without factoring that into the analysis I wouldn't be so sure about buying it over NVDA. Just a thought. Otherwise I like the informative pieces of your content. Appreciate it.

[drgta]

Nvidia has a huge head start in this space though. I'm only buying AMD as a hedge, but I have more Nvidia shares.

[MathiasManon]

Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.

[nicod]

@TickerSymbolYOU, in your video you mentioned customers need to wait almost 12-mth to get hold of H100 chip.
Even if they order AMD which comes from the same manufacturer (TSMC), will have similar wait times.

[tkscgzv]

AMD is good in hardware but NVDA is good in Hardware and Software both. Just see the CUDA development, its well understood in local llm community that you'd need nvidia to run llm properly. It works on AMD(I am running it) but with a lot of workarounds.

[fh]

Just bought 23k in AMD stock today. Now i wait 🥳