Intel vs. AMD: Which chipmaker has the edge in the race against Nvidia’s dominance? – Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)

In the relentless battle for supremacy in the semiconductor world Intel Corp INTC And For more information, visit: Advanced Micro Devices, Inc. AMD represent a convincing contrast.

Intel is struggling to regain its footing while AMD continues to ride the wave of AI-driven momentum. But which stock is the better bet right now?

Intel: Takeover talks with Qualcomm, Apollo’s vote of confidence worth $5 billion

Intel faced a tough market reality: the stock lost 33.48% last year and 52.28% year-to-date.

But behind this sharp decline Apollo Global Management Inc‘S APO A potential $5 billion investment in the chipmaker signals a possible turnaround for the company.

However, nothing is set in stone and the talks remain fluid. Intel’s broader presentation has also attracted the attention of Qualcomm Inc QCOMthat is considering a takeover – a deal that could shake up the entire industry.

Intel shares are showing mixed signals.

Chart created with Benzinga Pro

Despite the recent buying pressure, the price of $22.81 is above its 8-day and 20-day moving averages, indicating a bullish trend, but it is below its 50-day and 200-day moving averages, marking a longer-term downtrend.

Analysts’ price target range is $17 to $42, reflecting uncertainty about Intel’s recovery prospects. However, the average target of $29.50 suggests upside potential.

Also read: What’s going on with Intel stock?

AMD: Jim Cramer expresses concerns despite AI boom

On the other hand, AMD stock rose 62.58% last year and is up 14.24% year-to-date, mainly due to AMD’s competitive position in the AI ​​space, which is only rivaled by Nvidia Corp.

Despite the positive momentum in the data center, gaming and EPYC server processor sectors, Jim Cramer recently pointed out: “After a year of ups and downs, AMD, one of our favorite chipmakers and a core holding of my travel trust, is essentially flat for 2024… something is not right here.”

The stock price has fallen by $50 since its peak in the spring, raising questions about whether enthusiasm for AI has waned.

Technically, however, AMD stock remains strong.

Chart created with Benzinga Pro

The stock price of $158.33 is above all major moving averages (8-day, 20-day, and 50-day), signaling an uptrend. However, the stock is trading below its 200-day SMA, prompting some caution.

Analysts estimate the price target at $156 to $250, with an average of $203, reflecting the optimistic sentiment for AMD’s future, especially as AI continues to dominate the headlines.

The verdict

For investors looking for a risky but lucrative deal, Intel’s potential deals with Apollo and Qualcomm offer a speculative bet on a turnaround.

On the other hand, AMD is the more stable choice due to its strong fundamentals and AI-driven growth, although the stock’s recent volatility should not be ignored.

In this showdown, Intel is banking on a comeback, while AMD remains a powerhouse in AI, but one that raises some questions in the short term.

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