WITH TECHNOLOGICAL innovations accelerating, there have been many players emerging – developing new products for ease of use, storage and efficiency. Two companies in particular, Nvidia Corp. (ticker: NVDA) and Advanced Micro Devices (AMD), have ascended to the limelight for their unique capabilities and proprietary products. These tech powerhouses have been delivering state-of-the-art graphics and quick computing processes to find solutions to the problems that surface from our growing virtual landscape.
Long-term investors seeking high-value companies with room for growth should consider taking a deeper look at these two semiconductor stocks:
- Nvidia stock.
- Advanced Micro Devices stock.
- The bottom line.
Nvidia Stock
Market capitalization: $324 billion
Dividend yield: 0.12%
Year-to-date (YTD) gain: 123%
Nvidia has laid the groundwork for graphics processing unit-accelerated computing, a system used in engineering applications driven by the growth in the gaming market’s demand for 3D graphics. NVDA’s GPU-accelerated computing implementation initially started in PCs, but due to accelerated demand, it extended to virtual reality, artificial intelligence, drones and autonomous vehicles.
As technology has been evolving and becoming the center of our universe, Nvidia has been the market leader in visual computing graphics for years. In recent decades, NVDA’s computing system has been emerging in cloud data centers, mobile devices and industries like transportation and health care.
Nvidia vs. Advanced Micro Devices-Which is better buy-092920
