Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6534
    +0.0011 (+0.17%)
     
  • OIL

    83.94
    +0.37 (+0.44%)
     
  • GOLD

    2,347.50
    +5.00 (+0.21%)
     
  • Bitcoin AUD

    97,440.27
    -1,273.91 (-1.29%)
     
  • CMC Crypto 200

    1,325.46
    -71.08 (-5.09%)
     
  • AUD/EUR

    0.6107
    +0.0033 (+0.55%)
     
  • AUD/NZD

    1.0993
    +0.0035 (+0.32%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,751.25
    +320.74 (+1.84%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • Dow Jones

    38,302.53
    +216.73 (+0.57%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Missed Out on Nvidia? My Best Chip Stock to Buy and Hold

Missed Out on Nvidia? My Best Chip Stock to Buy and Hold

Once just a gaming chip company, it has successfully repurposed its technology to the latest technological advancements, including artificial intelligence and the metaverse. Investors will struggle to replicate such huge returns, but semiconductor stock investors who missed out could perhaps see similar outsized gains by buying stock in one of Nvidia's main rivals, Advanced Micro Devices (NASDAQ: AMD). Admittedly, AMD may seem like a strange choice here since it has slightly exceeded Nvidia's returns since the beginning of 2015, rising by 2,700%.