TECH - Nvidia's AI Chips Eat Intel's Lunch: Here's How Much More You'd Have Made If You Invested $1000 In Jensen Huang's Company Instead Of Intel In 2023 | Benzinga
Jensen Huang-led Nvidia Corp. (NASDAQ:NVDA) has emerged as one of the top gainers of the AI revolution, with its GPUs being in high demand.
It has also left behind rival Intel Corp. (NASDAQ:INTC), both in terms of market capitalization as well as stock price gains in 2023, riding the AI wave.
While Nvidia's market capitalization stands at $1.152 trillion, Intel's market capitalization stands at $187.781 billion – and the gulf between the two companies could continue to increase going forward.
Unsurprisingly, Nvidia's stock has delivered far better returns than Intel's in 2023 so far.
Charting Nvidia And Intel's Stock Price Trajectory From 01-01-2023 To 12-12-2023
Nvidia's shares have surged from $143 at the beginning of the year to $466.27 now, registering an increase of 226% in this period.
On the other hand, Intel's stock price has risen from $26.73 to $44.54 in the same period, which is an increase of ...