2024-07-28 08:15:00 ET
Many tech stocks benefited from the emergence of artificial intelligence (AI) into the mainstream. A prime example is semiconductor chipmaker Advanced Micro Devices (NASDAQ: AMD) .
AMD shares skyrocketed from a 52-week low of $93.12 last year to a high of $227.30 in March. But it's far from the only AI beneficiary.
Another company particularly well suited to capitalize on the AI market is Micron Technology (NASDAQ: MU) . Its stock also exploded over the past year, rising from a 52-week low of $61.75 last August to a high of $157.54 in June.
For further details see:
Better Artificial Intelligence Stock: AMD vs. Micron Technology