Top 3 Chip Stocks I'm Buying Now (Over Nvidia Stock)
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2023 is shaping up to be the year of AI, with #nvidia stock ( #nvda stock ) more than tripling since January. But Nvidia and other AI #stocks are priced to perfection, with price-to-earnings ratios over 200. And while everyone is looking for the next Nvidia stock, I think they’re looking in the wrong places. Instead of looking for other AI companies, we should look for industries that #ai hasn’t broken into yet, but will over the next few years. Here are 3 companies set to benefit from AI at the edge and why I think these are some of the best stocks to buy now.
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Simply Wall Street's Nvidia (NVDA Stock) Valuation: https://simplywall.st/stocks/us/semic...
Taiwan Semiconductor (TSM Stock) Valuation: https://simplywall.st/stocks/us/semic...
Advanced Micro Devices (AMD Stock) Valuation: https://simplywall.st/stocks/us/semic...
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