I'm Buying AMD Over Nvidia Stock in 2024 (Here's Why)
Вставка
- Опубліковано 5 чер 2024
- #amd stock is setting up for a great 2024 and might even be a better buy than #nvidia ( #nvda stock ). Before the next AMD earnings call, let's compare AMD and Nvidia in terms of data center GPUs, which they both sell to power Generative AI applications like #chatgpt by #openai and then look at their automotive chips, like the kind AMD sells to #tesla ( #tsla stock ). With Nvidia facing so many supply limitations, the AI and semiconductor markets could be big enough for 2 winning stocks, potentially making AMD stock one of the best stocks to buy now!
» Top Stocks for 2024: • Top 10 Stocks to Get R...
» Get My Stocks & Price Targets: www.tickersymbolyou.com/survey
» Simply Wall Street's Nvidia (NVDA Stock) Valuation: simplywall.st/stocks/us/semic...
» Advanced Micro Devices (AMD Stock) Valuation: simplywall.st/stocks/us/semic...
» Tesla (TSLA Stock) Valuation:
simplywall.st/stocks/us/autom...
» Palantir (PLTR Stock) Valuation:
simplywall.st/stocks/us/softw...
» Podcast: • E5: Our Top 5 Stock Ma...
» Twitter: / tickersymbolyou
» Patreon: / tickersymbolyou
Timestamps:
00:00 AMD Stock in 2024
01:03 AMD MI300X AI Data Center GPUs
05:54 AMD EPYC Data Center CPUs
08:01 AMD Ryzen AI Consumer CPUs
10:00 AMD Radeon GPUs & Gaming
12:11 AMD Embedded Chips & Tesla
Resources & References:
» Nvidia GPU Advances: • NVIDIA'S HUGE AI Chip ...
» Nvidia AI Advances: • NVIDIA'S HUGE AI Break...
» OpenAI Dev Day: • OpenAI & Microsoft's H...
» Google AI War: • The AI War Has Begun! ...
🙏 Thanks for watching!
Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.
See additional disclosures at tickersymbolyou.com/disclosures/ - Наука та технологія
Always appreciate your input and professional production. It's good to step back and weight the developments of each company. Even Intel could surprise us with some leap-frog development.
Very true!
@TickerSymbolYOU not at this valuation, if it pulls back to 100-120 I will think about it 🤔
Bring some billion to jagx stock 100x potential phase 3data coming.....we don't need trillion we need one billion stock will 200x
Intel? lol. All they can do is stealing from TSMC by forcing them to open a 5/3nm fab in Texas. They still can’t make 7 nm chips while Huawei made it under strict sanctions. How incompetent Intel has to be to end up here even with free access to everything.
@@user70331 You need to understand the AI market is just now starting to take off. AMD will not be 100-120. With interest rates holding steady and likely dropping later this year it will only provide additional fuel to the AI market.
I appreciate the synopsis at the beginning and because of it I watched the entire video.
Same
Ditto. Plus that's the best way to get people to watch the whole video by valuing their time.
@@TheEarlVix Honestly that gesture alone was so novel it gained a good deal of respect. I'd like to think it played a roll in my viewership, beyond the quality of the man's content.
You can never say never to opportunity like S&P 500 ETFs, VOO which is up. I’m being instructed by an intelligent investor to buy more anytime it drops, cashing up along the way on every moves, also incorporating new stocks.
SPY, IVV, VOO, VTI hitting the scene so far. These ETF's doing just fine.
There’s much uncertainty now, my question is what tech stocks can be the next wave in terms of growth for the next decade?
Stocks is not only about anticipating moves based off trends but anticipating through participating behind real top performers and attain how they execute perfectly.
Frost hilda take good care of my holdings giving me an edge to successful interest.
I just opened a fidelity individual account, what should I buy?
This channel is dope,
Love the intro and ‘not keeping hostage’
Agian mah man, love your in-depth videoes, where you dont just talk statistics and show graphs - you actually explain the company, competitors etc etc. love it
This didn’t age well lmao
Exactly m, I can’t stand false profits I bet he made a lot of people go bankrupt
@@troyturner2646 that’s a bit of an overreaction. He is not their financial adviser.
Just came to say the same thing
Guys nothing happened, AI is just starting
AMD is fine and had a healthy correction it is not worth 230 atm we gotta wait for next earnings it has a solid support line of 175 most people crying are just being greedy and are the ones that are gonna lose out
Bravo for introducing the agenda first. Good format. You have a new subscriber :-)
Bravo😂😂😂😂
You make things plain. Just subscribed.
It’s a win win for me. Bn buying AMD since it was 10 bucks and Nvdia since it was 140 bucks. My portfolio had bn smiling since last year.
HI SIR, i am wondering why people pick NVDA when the demand of AI chip is temporary (people and company buy chips once in datacenter) and there may be overpopulated GPU just like when the demands of cryptomining is high. So, may i know your insight?
The demand of AI chips will not be temporary this is just the beginning
Do I need an online brokerage account to purchase AMD account? What can you recommend?
@@analynyogoretrier wtf r u saying
HAHAHAH
@@shittedmypants9134
Alex-thanks a lot. Whats yours price target for amd in 1,2…5 years ?
@TickerSymbolYOU, in your video you mentioned customers need to wait almost 12-mth to get hold of H100 chip.
Even if they order AMD which comes from the same manufacturer (TSMC), will have similar wait times.
Exactly! This point is totally invalid. The only real competitor would be Intel with it's own fabs, which are also not in Taiwan, so they are safe from the imminent China's invasion to Taiwan
thanks for the vid just what I needed. The algo is working well
good information and still learning about AI. Any thoughts on MRVL?
Not as sexy but Marvell is solid
Ur experience & knowledge helps lessen some confusion. Keep up the Gr8 videos
Glad to hear that!
U have a twin in Middletown CT area selling Real Estate. As I passed thru thought it was U on billboard ..
Thanks for the information. How do you evaluate Nvidia's valuation and future earnings potential as an investor?
Wow, a no fluff, to the point, transparent and data driven channel on stock picking and company dives - you got a follower
Alex what do you think about Camtek compeny. Thanks.
Your intro got an instant like. Love the transparency. Excited to listen to your opinion because my money is on NVDA.
Keep it there.
Phenomenal video! Very appreciative of the work you put into this and glad I found your material. 🏆🏆🏆
Glad you enjoyed it!
What do you think about Tenstorrent?
NVDA has open proprietary architecture with value added chain including system integration, CUDA software platform and applications. There is high switching cost. AMD is trying to catch with semiconductors, but generic software and applications. NVDA has great revenue growth and great cash flow and reasonable forward PE. AMD is expensive with small margins. Just like the early days of Winter until the market matured decades later. Yes, NVDA is a saffer hold.
👍
Good video I will say this is one of your best explaining the chips market with the two companies now I have a better understanding what is going on besides the two companies fundamentals Thank good job
Glad it was helpful!
@@TickerSymbolYOU All of your UA-cam videos are extremely informative, thank you for your effort.
Thank you,
for machine learning it's realy important to work with Nivdiea specialy with Tensore processor and the large VRM
Hi, do you think it is still worth buying ARM holding ? Or is it too late, it seems to me already pumped. I put in 5000€ in January, it's very nice, but I don't know whether to continue now that I have some similar amount of money free again. Thanks
Thanks for a lot of interesting informations!
In which video you had Neurolink IPO informatıon by Dizraptor Fund?
Looking to get some more AND will there be a pull back soon? Great video as always, thank you.
Glad you found it helpful!
Do u know if there are some start up companies up coming that would be worth investing in?
Thanks so much, for teaching me about AMD. I bought some stock two years ago, even though I didn’t know much about it.
Thank you for the recap before the video and not holding us hostage. You rock
Doesn't TSMC manufacture for both Nvidia and AMD? So the long lead time point doesn't really matter since they both go through the same manufacturer?
AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm, Nvidia and more. One maybe slight quicker lead time depending on contract. TSMC relies on similar mining cos for base materials.
Up 6% today bravo. It's doubled tho in 3 months..
Is starting a position wise?? Or adding now?
Your videos always deserve a 👍🏼. I appreciate all the work and research you put into them.
My pleasure. I appreciate you!
I still can’t believe I was buying this stock in 2020 at $50 a share and still holding today 😜🚀🚀🚀
Legend!
Excellent ! :)
they still got to pay royalties to ARM right? like all other big player (nvdia,aws, appl, goog)
the thing is that you should buy both
because as long as amd, intel, and nvidia compete with each other
we will continue to have better and better stock prices
thank you so much for telling me, and teaching me about the cpu, gpu and their market. i love it.
So Alex - after speaking with Larry has your view changed on the price of Nvidia and AMD?
I always appreciate your thorough analysis. Are you cautious about buying at this level when their P/E is … *checks notes* … >1600 😅?
No because I know when and when not to use that ratio :)
Very well presented ... valuable research - Thank you
Glad it was helpful!
That Lisa Hsu interview was last Nov/Dec 2023
AMD price was trading at around $116 as per the share price on the background
N the blogger is now reporting on AMD booming 6 days ago
your videos are damn good, sir.
Alex - Thank you so much for your insights and expertise on AI chips. I was wondering if you are familiar with Taalas - they're making the next gen AI chip meant to fundamentally change chip designs by layering the wafers with silicon, essentially bringing the data center into the chips. 2 of the 3 cofounders were instrumental in the development of N100; they recently raised Series A round, co-led by Pierre Lamond. Any thoughts on Taalas? Your comment about powering the data centers being super expensive; and with the current capacity of the rest of the data center, N100 is only operating at 10% of the capacity of the chip, but still drawing 100% of the power. Do you see the Taalas chips solving that issue?
I'm staying with NVDA but it wouldn't hurt to have a position in AMD, just not as big as an NVDA position. Or own one of the two and add LRCX to your portfolio. That way they aren't over lapping.
I own both. No reason not to. AMD is #2 in this space, but it’s a distant #2.
@@MirabelAnderson522 I do not need any help, I do very, very, very well on my own. I also advise others to learn investing principles and invest their own money on heir own. Take care.
@@EngineeringAdjacent It's not to late to buy LRCX, even though it keep gaining traction. Just might be one of the best buys for 2024!
good luck with that AMD needs to deliver and so far they have'nt I really hope they will pull through but for the last many years they are just behind on the curve both in hardware and software.
Everyone is getting this wrong.. NVDA and AMD are fine.. but your upside is now limited. All you have to do is look what Sam Altman wants to build.. he knows whats coming.. nVidia and AMD do not make their own chips.. they are not vertically integrated. The diamond hidden in the rough is the long forgotten... Intel. They are already way ahead of Sam
You’re right. Both are good company but bad stock at this price. Intel is the best stock to buy with great upside. Or closed your eye and move forward.
Great vid, but would be better if it's released before AMD stock went up so much (even relative to NVDA), right after AMD's AI event and blog posts.
Not trying to be an ass and i appreciate the vid, just a feedback on the importance of speed covering such a fast-moving sector like AI.
thanks, why not buy a little of both?
AI implementation in Libre Office Calc is all that I know that already want from AI. ChatGPT isn't to interesting to me yet. There is probably a lot to learn about AI coming. But a spreadsheet assistant from AI is what I know I would want. It has to be an open source spreadsheet
If I recall well from one of your previous videos, you said Nvidia over Amd. What's changed?
Exactly, What went from second to third base.
Nvidia's price jumped another 20%
@@TickerSymbolYOUso did AMDs
@slavikpetrakov7822 I wouldn't listen to these financial UA-camrs much. Lots of of flippyty floppity😂
@@timduncankobebryant electronics still use flip flop circuits.
thanks for doing this ....excellen t and in formative !!
Glad it was helpful!
Great video Alex! I like that you distinguished between both use cases. It helps people, like myself, who aren’t tech savvy.
Happy to help!
it's definitely a good counter play. Maybe QCOM on the handheld devices side too...
QCOM is definitely another great one
amd is bigger for handheld, especially if they figure out how to be more efficient, or mange to fix that samsung+rdna2 arm cpu
If China disrupts Taiwan how does that affect chip availability for both AMD and NVIDIA ?
Let’s not worry about that and I buy all the dips!
You should have mentioned the current implied growth rate and multiples already being priced into the stock to have a more comprehensive analysis. AMD has a much bigger forward multiple as it is today so without factoring that into the analysis I wouldn't be so sure about buying it over NVDA. Just a thought. Otherwise I like the informative pieces of your content. Appreciate it.
You're right. The reason I didn't talk about that is because they report earnings next week and that would change those multiples big-time.
Great point! Will stay tuned in.@@TickerSymbolYOU
Their non-gapp forward multiples are not that bad. People are looking at their Gapp multiples which is artificially very high due to their Xillinx amortization when they bought them with shares and not cash.
Yes but keep in mind that NVIDIA came out with H100 months before so their current multiples based on last few earning reports include the benefits of the AI craze. So it is natural that NVIDIA's numbers look much more solid. AMD's MI300 was kicked off in calendar Q4 of 2023. This upcoming earnings is the first time their financial statements will actually reflect MI300 sales. To put it in another perspective, NVIDIA's recent appreciation started on that first blowout earnings, AMD's appreciation has started before their "first" earnings. Only after a couple earning reports from AMD can we actually start comparing them.
Thanks for sharing...love it
Thanks for watching!
Good preso thanks. At 180ish does AMD still have room to run?
8:01 has growth by segment
I like this Channel a lot and following the last few months thx man go nvda it’s been fun
I wait for the AMD earnings, because I can't find any current benchmark of the MI300 or MI300x. Where is it? I can't find it.
Q4 reports release soon in feb
AMD often dips after earnings too
Ticker please be honest with me if you had to invest only in one company which one will u choose
You know how many times I've wished someone would just say "hey put money into this, I have experience" but no one will do that because the future is 100% a mystery, even to the best investors. It is frustrating if you're trying to build an investment base.
There is only 1 important question, do they have a good enough equivalent to CUDA?
Yes, Triton 3.0 works with AMD's hardware and it is equivalent to CUDA.
@@benjamintran5444 But would it be feasible for large organisations to move away from CUDA into Triton easily? That change would take some time if it happens, I believe.
AMD is good in hardware but NVDA is good in Hardware and Software both. Just see the CUDA development, its well understood in local llm community that you'd need nvidia to run llm properly. It works on AMD(I am running it) but with a lot of workarounds.
When Nvidia is selling their GPUS for 40k when AMD is selling theirs for 15k, then you multiply this by hundreds of thousands...it is to the benefit of every company to implement the work around because it will save them billions of dollars. And once the work around is implemented, then they can optimize it and get it working just as if not better than the H100. The entire AI community is rallying to get AMD hardware working due to Ngreedia and their shortages.
That’s the traditional argument but AMD has made strides in software (gpgpu) and AMD as you said is excellent in hardware and not just GPUs but a leader in CPUs both desktops and mobile
The community has had Open CPI and CL for years as I am aware. CUDA somehow came out ahead. I loved AMd 10 years ago but they just couldn’t seem to get ahead.
AMD is a good company, but they never seem to take the lead. They are in perpetual 2nd place.
Interesting that nobody mentioned ROCm while talking about AMD. Well, that shows how weak their current market is for retail AI.
Whats new with ASML? They still got a monopoly on UV lithography?
New year, same monopoly on EUV Lithography, yep
Hi, thanks for the great video and information. I have a lot of NVDA but I have thought about getting into AMD. Can you tell me why AMD's PE ratio is 1,681?? NVDA is like 78 so...I never got that. Is that because most of the benefits for AMD is speculative at this point? We think/suspect they will take all this market share and profit from it?
It's because AMD has low earnings. A better ratio to use for them is P/S (price to sales)
@@TickerSymbolYOU Ahh..ok, thanks. Let me take a close look at them.
Just bought 23k in AMD stock today. Now i wait 🥳
Should've bought nvda....don't just listen to someone on here. Bad buy at these prices they're lagging hard rn compared to nvda.
NVDA will soon drop, needs to cool off a bit. Waiting and waiting…
@@erwindt7733 Damn & now @ $1034. NVDA just jumped $650ish - $1034 in that time. It is the long haul that is the most important thought for AMD, the backlog of 11 months is interesting.
May I ask why NVDA accounts for 28% in USD, while NVDA and AMD only account for about 7% in SOXL
great analysis, great job
You earned your like bro 👍🏼✨
This aged like milk with NVIDIAs recent event.
That means AMD got significant capacity support from TSMC, great job Lisa
Do you have any concerns that since NVDA and AMD both use TSMC for producing their chips and it seems like TSMC can't make enough for NVDA, AMD may just be blocked from capacity?
They don’t use the same process nodes
And what library will you use for the AI chip. Almost all are CUDA based. Maybe in 5 years. But by then...
So you are buying it even at these prices? Or waiting for at least some pullback?
You just made a pretty good argument that Nvidia can't keep up its current top line growth, which is a good reason to trim at these prices.
Can you please do a video on KASPA coins? Thanks
Is it worth buying nvidia at these levels ? If not, what’s a good buying price ?
I’d be looking at Intel to dip $45 for buy in. I bought AMD at $78 and although I still see growth at $145. I see Intel x2ing vs AMD which will probably x0.25 -x.50. Nvidia two years ago had a x3 stock split and it’s already back at $500. You can wait for another split but I feel it’s over valued/inflated. Look at the market cap of Intel vs AMD. Intel has a smaller market cap I believe (I could be wrong as I was looking at them a week ago) produces more CPU chips than AMD, has been investing in chip plants in Israel, US and Germany.
A long way of saying it’s under valued BUT it does spend a lot for RnD. Something to be weary of. $45 worth the buy in imo.
Thank you Alex. Very much appreciated
My pleasure!
H100? I've invested in both, but NVIDA has already broken impossible barriers with no bus issues.
13:52 ... the chart overlay arrow thing is probably more accurate than the chart it self ... lol
😭 I pull the best research I can but… you’re not wrong
I think most people know this simple rule, but for those who may not, whenever anyone in the finance information space says something like: "ABC is the next XYZ", or, "ABC is the XYZ-killer", that is your cue to buy XYZ with both fists. Remember this rule and grow rich. This video is a perfect example of this phenomenon.
Thank you for being so straightforward and clear. I hate when other youtubers beat around the bush because they want to make a 1h video where they say nothing valuable
My pleasure. Your time is valuable!
Thank you. Brother great job
I only have 13 amd stock. I also only own 10. MSFT stock. AMD has given me a much higher percentage return and because of that i am thinking of selling my MSFT stocks and buying AMD with it. Is that a good move?
you're the guy who bought arkk and bought at the top right?
no.
Could you speak to AMD P/E ratio or earnings compared to Nvda? Thank you
P/E is the wrong ratio to use. Use P/S
@@TickerSymbolYOU After a few years being shy in my investments, this year i'm making big steps in my stock market knowledge. Just a humble question. Why do you recommend p/s ratio over p/e ratio if the net income says more about the business health than just the revenue?
LMMFAO...I'm up 200pts over a 5 week period...Good luck with AMD....But you've been left in the DUST...
Nvidia has a huge head start in this space though. I'm only buying AMD as a hedge, but I have more Nvidia shares.
It's not about the chips, it's about the software platform. It's like AWS, companies have already been locked into the nvidia pipeline, their code isn't portable.
Cuda sw moat isnt as relevant when considering AI workloads. You are thinking of HPC which requires the HIP tool to convert the code to Rocm. For AI/ML companies use framweorks such as Pytorch, TensorFlow and Onnx which are HW agnostic.
@@obsidian_blue Stable Diffusion and other image generation models don't benefit from AMD GPUs, for inference at least. As of now, you need the ZLUDA to do the job and I have heard it gives mediocre results.
@@AlexC-O_O i’ll take your word for it that stable diffusion is mediocre. Do you know many enterprises investing in gpu clusters to generate images? Im not sure i do. The big investments are in LLM’s that can combined with RAG to mitigate genAI hallucinations for enterprise search, or for algorithmic trading platforms, or for exaflop supercomputer deployments such as El Capitan (although thats actually built on mi300a which is technically an APU).
@@obsidian_blue Well I am not an expert, but I have had a few first hand experiences of AMD's software layer being behind nvidia's as a consumer. Not sure for their enterprise offerings, I hope it s not a consistent pattern there.
@@AlexC-O_O as per my post from 3 wks ago on this reply thread, the cuda SW most isn’t as applicable in AI as it is in HPC. There is a general move by companies to move to open frameworks (PyTorch, TensorFloe, Onnx etc) because of the fear of vendor lock in and subsequent high pricing that they’ve been exposed to from Nvidia in the past. The pace of change in this area is so rapid that it’s likely that open standards will innovate faster than proprietary sw can hope to keep up with.
Nvidia are still going to be the market leader for the foreseeable future but AMD market share is single digit currently - so there is plenty of room for growth
Right now the only thing limiting either company is fab capacity when it comes right down to it. There isn't anything they're making that people aren't fighting to be able to buy, and that will not be changing any time soon.
Rather than try and pick a particular stock
Why not invest in a ETF that heavily tracks all the big tech stocks
Because the ETF could've not grown over 100% per annum even if it's for a couple of years.
FPGA is huge because you can change the hardware to suit what you need without reproducing a new CPU. This is key for modern AI learning applications because as you learn and adapt the system, you can change the hardware to suit without producing a new processor.
Are you simply adding to your AMD position, or are you planning to sell some NVDA to buy more AMD?
What are your one and two year price targets for both?
Thank you!
Although it may be to your detriment, I really respect you announcing the talking points before delving into the video.
Your time is valuable
I have a 3:2 ratio of nvidia vs amd. I think you can't go wrong with either but i am far from an expert. I think 2024 should be a good stock year based on historic election year returns so i will DCA into each some more as i am also interested in crowdstrike and aws from your previous video. I think Microsoft is also a must add for me and Amazon might be there also but i have to liquidate some etfs first.
I recently bought an AMD CPU for a PC build. I guess that is why I am being recommended this video lol. I also watch investment channels so it is cool to look at the company side of the product you buy.
Buying both AMD and NVDA on pullback bounces is the best option imo.... And maybe throw in RMBS as a wild card
"I'm not here to keep you hostage" - immediately made me subscribe 😁
I don’t think they can compete in AI without Tensor Cores.
How about ARM?
Great content! Thank you
My pleasure! Thanks for watching!