NVDA vs. AMD: Which AI Chip Stock Should You Buy After Q3 Earnings?
Nvidia and Advanced Micro Devices have reported their latest quarterly results, showcasing their positions in the semiconductor and AI boom. Nvidia's Q3 earnings revealed a 62% revenue growth, with expectations of another 65% surge in Q4. The Data Center segment was a standout, generating $51.2 billion in revenue, up 66% year-over-year. AI infrastructure spending is driving this momentum, with data centers and cloud platforms operating NEAR full capacity.
AMD, while not detailed in this snippet, remains a key player in the AI and high-performance computing space. Both companies present compelling opportunities for long-term investors, each with distinct advantages in the evolving AI market.