What Is One of the Best AI Hardware Stocks to Buy Today?

Graphics processing units (GPUs) are estimated to comprise about half of data center spending. This has propelled the stock of Nvidia to the moon over the past few years. But over the long term, more AI tasks will be processed directly on devices, also known as edge computing. This is a significant growth catalyst for Advanced Micro Devices (NASDAQ: AMD), making its stock a compelling buy right now.Image source: Getty Images.Investors are overlooking the importance of AMD's 2022 acquisition of Xilinx. With Xilinx, AMD is now the leader in field programmable gate arrays (FPGAs). These chips are tailor-made for markets that need high performance and low latency for edge computing devices, including AI PCs, cars, and robots.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool