Semiconductor-giant Nvidia (NASDAQ: NVDA) had a terrific 2024, but a closer look at its recent stock-price chart shows that it's entering the new year on shaky ground, thanks to doubts about the company's ability to maintain its impressive pace of growth.

Seemingly overnight, artificial intelligence became a major growth industry. The AI boom is driving demand for semiconductors, which are crucial components in AI systems. Two compelling semiconductor companies to consider are Wolfspeed (NYSE: WOLF) and Advanced Micro Devices (NASDAQ: AMD).

Broadcom stock is up 124% this year, and Marvell stock has logged gains of 93% as of this writing. But if you had to choose one of these two AI stocks for your portfolio right now following the gains that they have delivered in 2024, which one should you buy? Let's find out.