AMD & Apple: AI Stocks for Future Wealth
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
AI stocks have been volatile, but AMD and Apple present prime investment opportunities. AMDs revenue surged 34% last year, driven by AI demand in data centers, PCs, and gaming. Their data center segment alone grew 32%. AMDs Instinct graphics cards and Epyc processors are used by eight of the top ten AI firms. Apple, despite lagging on generative AI phones, is the top smartphone seller with a 24.2% market share. Their hardware sales are strong, and software monetization could supercharge growth once they tap into AI. Both companies could make savvy investors wealthy in the long run.
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