Shares of AMD have cratered over the past year, making it a rare example of a chip stock that has fallen out of favor with investors.

The semiconductor industry has received a major shot in the arm from the rapid advancement of artificial intelligence (AI) technology: The size of the semiconductor market jumped by an estimated 19% last year to $630 billion,

Artificial intelligence (AI) is transforming how we live and work in ways we never imagined. While today's large language models (LLMs) are impressive, they function like massive libraries: rich with knowledge but frozen in time once released.

Nvidia has been one of the best-performing stocks in recent years. The company has a market cap of over $3 trillion. It is still a great option for many, but its historic run has forced many investors to look elsewhere for artificial intelligence (AI) stocks.