Investors seeking AI stocks should consider Amazon and AMD over Nvidia, which is overvalued. As a market leader, Amazon's cloud service AWS is well-positioned to benefit from the growing demand for AI cloud services. AMD, on the other hand, offers better value and has an extensive portfolio of chips for the AI opportunity with new products to serve the growing demand. Analysts note the better valuation with P/S ratios of 2.5 and 8.6 for Amazon and AMD, respectively.
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