I've Changed My Mind on AMD. The AI Supercycle Has Room for More Than Just Nvidia.
AMD's CPU opportunity could be huge.
Overview
For years, I thought Nvidia (NASDAQ: NVDA) was in a league of its own. And I was mostly right, considering that the company still holds about 86% of the data graphics processing unit (GPU) market.
That dominance helped Nvidia become the $5.4 trillion company that it is today, as artificial intelligence companies scoop up as many of Nvidia's GPUs as they can for their data centers.
Details
But one of Nvidia's chip rivals, Advanced Micro Devices (NASDAQ: AMD), is carving out its own semiconductor niche in the current AI supercycle that I never saw coming.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.