AMD: The WINNER IN AI RACE

sunshineboy
03-14

AI is not going to instantly become a singularity and out think all of humanity. That may or may not happen in the future, but there is no real intelligence yet. Right now this stuff is dumber then a rock, but pretty good at pretending to be smart, and really good at pattern recognition(which has a hell of a lot of use as is).

The gold rush analogy is firmly in my mind for AI. Some people get rich mining gold, but most don't; regardless if you find gold or not, the shovel company makes money off everyone, the shop keeper selling shovels and supplies makes money off of everyone. I'm not going to invest in companies looking for AI gold, I'm going to invest in the ones making and selling the AI shovels.

And $Advanced Micro Devices(AMD)$ the stock making and selling the AI shovels, which provides computing power for AI.

Today on AMD LinkedIn page: "If you look over the next 10 years, you're going to see AI everywhere. You’re going to see it in the biggest data centers in the world; you're going to see it at the edge; and you’re going to see it in PCs.”

- Dr. Lisa Su in conversation with Ryan Patel at #SXSW2024. The future of AI is exciting and AMD is proud to be at the forefront with AI PCs.

Super Long AMD! I will always see AMD as my top choice![Happy][Happy][Happy]

Which Stock Will Benefit From AI Race?
The AI sector is undoubtedly one of the hottest sectors in the market, which pushed SaaS stocks and chip stocks to go higher. Microsoft surged to a fresh record high after the company announced the launch of its latest AI assistant, Microsoft Copilot for Security. Adobe becomes the victim of AI development and plunged 11% in the extended trading. ----------------- Which AI stock is your TOP pick? Is it a software company that develops AI? Or is it a chip company that provides computing power?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment