Why You Should Consider These 2 Artificial Intelligence (AI) Stocks Over Nvidia

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Investors are showing great interest in artificial intelligence (AI) stocks, with NVIDIA being a prominent player in this space. The company’s AI chips are a key component of the technology, driving enthusiasm among investors. However, NVIDIA’s massive size and high valuation, with a 39 price-sales ratio and a market cap of $3.1 trillion, raise concerns about its future growth potential.

For investors seeking alternatives, there are other AI stocks worth considering at more affordable prices and market caps. Two such options include Advanced Micro Devices (AMD) and UiPath (ROUTE).

1. AMD has seen impressive growth, particularly in its data center segment, thanks to its AI chip offerings. Despite lagging behind Nvidia in AI technology, AMD’s chips have benefitted from increased demand and competitive pricing. Rising AI-related sales are helping offset declines in other segments, showing potential for future revenue growth.

2. UiPath is a leading robotic process automation (RPA) company with a loyal developer community and strong market presence. Despite facing challenges such as leadership changes and financial concerns, the company’s low price-sales ratio and growth prospects make it an attractive option for investors looking for cheap AI stocks.

Both AMD and UiPath offer unique opportunities for investors interested in the AI sector, with the potential for significant returns in the future. However, investors should carefully consider the risks and uncertainties associated with these stocks before making investment decisions.

Article Source
https://finance.yahoo.com/news/forget-nvidia-2-artificial-intelligence-085500682.html