10 AI News Updates You Should Not Miss

Page 7 of 10

4. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 193 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 29, finance platform Benzinga reported, quoting an analysis from investment advisory Trefis Team, that chipmaker AMD could emerge as a more attractive investment option compared to rival NVIDIA as the artificial intelligence chip market evolves. Per the analysis, the premium valuation of 48 times projected fiscal 2025 earnings for the latter could limit future gains. AMD, trading at a more modest 28 times forward earnings, offers investors exposure to AI growth at a more reasonable entry point, it contends. Another factor is the AI market shift from model training to inference, where AMD processors are stronger than NVIDIA, it notes.

Page 7 of 10