Will AMD Take Nvidia's AI Crown as the Market Demands More Optionality?

By Jose Najarro – Jul 4, 2023 at 7:30AM

NASDAQ: NVDA

Nvidia

Market Cap

$2,220B

Today's Change

(3.46%) $29.72

Current Price

$887.89

Price as of May 3, 2024, 4:00 p.m. ET

Nvidia has benefited dramatically from the huge demand for its AI chips, but the AI market wants more than one player.

In this video, I will discuss how the demand for more optionality in AI chips creates a tailwind for Advanced Micro Devices (AMD 3.04%) to catch up to Nvidia's (NVDA 3.46%) huge lead. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of July 3, 2023. The video was published on July 3, 2023.

Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.