"Nvidia and AMD Poised for Soaring Growth Amid AI Chip Demand"

Nvidia and AMD are poised for significant growth in 2024, driven by a rebound in the PC market and increasing demand for AI chips. With Nvidia dominating the discrete graphics card market and AMD expanding its presence in AI data center chips and PC processors, both companies are expected to benefit from new AI-enabled PCs and the need for Windows 11 upgrades. Analysts predict a compound annual growth rate of 3.1% for the PC market through 2027, indicating a strong potential for Nvidia and AMD stocks to soar, making them attractive investment opportunities.