Will Advanced Micro Devices Reach a Trillion-Dollar Market Cap by 2030? [Yahoo! Finance]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Yahoo! Finance
be one of the next technology names to become a trillion-dollar outfit. Some investors might even bet that AMD will reach a trillion-dollar market capitalization as soon as 2030. Never say never. If that's what you're anticipating, though, you might want to tamp down your expectations just a bit. Although direct rival Nvidia (NASDAQ: NVDA) reached the $1 trillion mark relatively recently, thanks to a leading role in the explosive artificial intelligence (AI) market, Advanced Micro Devices isn't likely to repeat the quick-jumping feat. Still, that doesn't necessarily mean the stock's not worth owning. It's easier to hold the lead than it is to take the lead If you're reading this, then you're likely already familiar with the company. If not, however, Advanced Micro Devices makes computer components. Its core business lines are computer processors and graphics processors, the latter of which are also ideally suited to handle the intense data-crunching demands of artificial intel
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