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Intel's stock down 34% as AMD and Alphabet report strong growth in AI and cloud computing sectors.
Intel's stock down 34% amid recession fears; AMD and Alphabet (Google) offer better exposure to growth areas like AI and cloud computing with lower valuations.
Both companies report strong earnings growth: AMD's Q2 2024 revenue up 9% YoY, Alphabet's Q2 2024 revenue grew 14% to $85B, with Google Cloud delivering a 28% increase.
AMD's share price up 3,000% since 2014, making them promising alternatives for tech stock investments.
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Las acciones de Intel bajaron un 34% como AMD y Alphabet reportan un fuerte crecimiento en los sectores de IA y computación en la nube.