AMD and Nvidia are two of the hottest chip stocks on the market.
But if you can only buy one, there’s a clear winner.
Both Advanced Micro Devices (Nasdaq: AMD) and Nvidia (Nasdaq: AMD) are growing at a quick pace in 2021, thanks to the chip shortage that began in 2020.
So far, Nvidia is up 70% year to date.
And AMD has gained 45% since May.
This shortage pushed the cost of semiconductors higher and, in turn, drove the share price these companies higher.
But which chip stock is the best buy?