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In today's video, I discuss recent updates affecting Intel (NASDAQ: INTC). Check out the short video to learn more, consider subscribing, and click the special offer link below.

In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). Check out the short video to learn more, consider subscribing, and click the special offer link below.

As AI progresses in full swing into 2024, Wall Street believes these two top tech stocks are well-positioned to capitalize on the opportunity.

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Investors in Advanced Micro Devices, Inc AMD need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 19, 2024 $75 Call had some of the highest implied volatility of all equity

Nvidia ( NASDAQ:NVDA ) stock has rallied quite a lot, gaining about 235% year-to-date. However, given the  AI (Artificial Intelligence)-led opportunities and NVDA’s leadership in this space, the stock may continue to rise in 2024.  The company forecasts that its top line could triple in Q4 of the current fiscal year. Furthermore, this positive momentum is expected to be sustained into 2024, driven by robust demand across the Data Center segment.  Additionally, the company is making substantial expansions to its supply chain, signaling continued strength in demand for the upcoming quarters. Against this backdrop, let's explore what the analysts suggest for Nvidia stock. NVDA Stock: Analysts Weigh In The majority of analysts covering NVDA stock advocate purchasing it at current levels. On December 15, Bank of America Securities analyst Vivek Arya reaffirmed a Buy rating for Nvidia, designating it as his top semiconductor pick for 2024. Arya’s optimistic outlook is reflected in his $700 price target, suggesting a substantial upside potential of 43.18%. While Nvidia stock has appreciated in value, Bernstein analyst Stacy Rasgon finds its valuation attractive. Rasgon suggests buying NVDA stock near current levels. The analyst added that Nvidia trades at a forward price-to-earnings multiple of 25, which is lower than Advanced Micro Devices’ ( NASDAQ:AMD ) forward earnings multiple of 41. Rasgon has a price target of $700 on Nvidia stock. Meanwhile, DBS analyst Fang Boon Foo maintained a Buy rating on NVDA stock on December 7. The analyst said that NVDA, through its  robust financial performance, has dispelled doubts about AI being merely hype. Instead, AI is now seen as the key driver of earnings for the company. Additionally, the analyst sees sustained global demand for AI chips and envisions Nvidia reaping incremental advantages from the growing adoption of generative AI across various industries.  Is Nvidia Stock Expected to Rise? Analysts’ average price target suggests Nvidia stock is expected to rise. With 31 Buy and three Hold recommendations, Nvidia stock has a Strong Buy consensus rating. Moreover,  analysts’ average price target of $661.35 implies 35.27% upside potential from current levels.  Bottom Line Nvidia stock has generated significant returns for its investors so far in 2023. Further, analysts continue to show confidence in it and expect the stock to grow more over the next 12 months. The AI-led demand, supply-chain expansion, and NVDA’s focus on accelerating its product development position it well to deliver solid financials, supporting its share price in 2024.  Disclosure

You may think that this year's outperformance from artificial intelligence stocks means they're due for a correction, or at least relative underperformance in 2024.

Investing on Wall Street can sometimes feel like a roller-coaster ride. Over the past four years, the stock market's three major indexes have vacillated between bear and bull markets with each passing year.

A growing number of Chinese semiconductor design companies are tapping Malaysian firms to assemble a portion of their high-end chips, keen to hedge risks in case the U.S. expands sanctions on China's chip industry, sources said.

Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam

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Intel's (NASDAQ: INTC) Meteor Lake PC CPUs officially launched on Dec. 14, with some laptops built around the new chips already available. One of the big selling points Intel is touting is a built-in AI accelerator. In software that supports it, Meteor Lake chips can offload AI i

All eyes have been on tech stocks this year as advances in high-growth areas like artificial intelligence (AI) have made Wall Street particularly bullish. Despite macroeconomic headwinds last year, tech stocks have surged in 2023 and will likely continue trending up in the new ye

Emerald Rapids, the latest generation of Xeon server CPUs from Intel (NASDAQ: INTC), officially launched on Dec. 14. While Emerald Rapids uses the same Intel 7 manufacturing process as Sapphire Rapids, which launched in January, architectural changes, coupled with a vast increase

Shares of Intel (NASDAQ: INTC) rose as much as 4.6% early Friday, then settled to trade up 1.7% as of 3:30 p.m. ET after the company announced a new generative artificial intelligence (AI) chip that could rival competitive offerings from Nvidia (NASDAQ: NVDA) and Advanced Micro D

Advanced Micro Devices (NASDAQ: AMD) has had one incredible year. The price of its shares has almost doubled in 2023, increasing 98% as of this writing. Indeed, when ranking all S&P 500 components by year-to-date performance, AMD ranks seventh -- overshadowed only by 2023 fir

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Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte

If there has been an overarching investment theme in 2023, it has probably been artificial intelligence (AI). Ever since the conversational chatbot ChatGPT launched in late 2022, tech giants have been scrambling to incorporate the newest AI technology into their business models w

Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam