AMD and Nvidia are two of the hottest chip stocks on the market. But if you can only buy one, there’s a clear winner…
Both Advanced Micro Devices Inc. (NASDAQ: AMD) and Nvidia Corp. (NASDAQ: NVDA) are growing at a quick pace in 2021, thanks to the chip shortage that began in 2020. So far, Nvidia is up 70% year to date. And AMD has gained 45% since May.
This shortage pushed the cost of semiconductors higher and, in turn, drove the share price of these companies higher. But which chip stock is the best buy?
Well, that’s what we’re here to find out.