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Title: Block Harbor Forecasts Three AI Stocks to Outperform Nvidia in the Next 12 Months

Las Vegas, United States, 25th Apr 2024 - Block Harbor, a leading cryptocurrency exchange, has identified three companies in the AI sector that are poised to surpass Nvidia in terms of market performance over the next year. These companies include Advanced Micro Devices, Intel, and UiPath, each of which is making significant strides in their respective areas of the AI industry. 1. Advanced Micro Devices (AMD)Advanced Micro Devices (AMD) is one of Nvidia's largest competitors in the AI chip market. Although AMD has historically trailed behind Nvidia, its stock has surged over the past 12 months, and Wall Street believes this trend might continue. Analysts have set a 12-month price target for AMD that reflects a potential increase of nearly 16%, compared to less than 11% for Nvidia. This optimistic outlook is based on AMD's new AI chips, which are expected to capture market share from Nvidia.2. IntelIntel (INTC), once the undisputed king of the global chip market, has faced challenges due to technological shifts and strategic missteps. However, analysts expect Intel's prospects to improve, with a 12-month average target price indicating an 18% increase from the current stock price. One particularly optimistic analyst expects Intel's stock to soar by nearly 80%. This renewed interest in Intel is largely due to its recent launch of the Gaudi 3 AI accelerator, which boasts inference capabilities and energy efficiency significantly better than Nvidia's flagship H100 GPU at a fraction of the cost.3.UiPathUiPath (PATH) is not a direct competitor to Nvidia but leads the market in Robotic Process Automation (RPA). UiPath uses AI to automate various online tasks and boasts a roster of top-tier technology consultants like Accenture, Deloitte, and IBM as strategic partners. Des...

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