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Better Chip Stock: AMD vs. Qualcomm

Better Chip Stock: AMD vs. Qualcomm

AMD (NASDAQ: AMD) and Qualcomm (NASDAQ: QCOM) both saw their stocks close at record highs in late 2021. At the time, both semiconductor companies seemed poised to profit from the global chip shortage. The buying frenzy in growth stocks throughout the year amplified their gains and further inflated their valuations.