AMD vs. Marvell Stock Performance
This is a news story, published by Yahoo Finance, that relates primarily to AMD news.
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better AI stockThe Motley Fool
•Better Artificial Intelligence Stock: AMD vs. Marvell Technology
82% Informative
Advanced Micro Devices (NASDAQ: AMD ) and Marvell Technology have enjoyed contrasting fortunes on the stock market in 2024 .
AMD stock's decline of 13% this year pales in comparison to the 76% surge in Marvell 's shares.
Both companies are benefiting from the growing demand for chips to power artificial intelligence (AI) Can AMD turn its fortunes around in the new year and outperform Marvell ?.
Both AMD and Marvell Technology are expected to grow impressively next year .
But there are a couple of reasons the latter could turn out to be a better AI pick.
AMD is cheaper than Marvell and is a more diversified AI stock.
The company supplies CPUs and GPUs not only for data centers but also for personal computers.
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